A lot has happened at Careem recently. Uber, which had acquired Careem Rides for $3.1 billion in 2019, recently exited the Pakistani market. Even though this does not change a lot for Careem Pakistan and its operations, it did garner attention in the news. Another recent event at Careem was their new, and perhaps belated, flexible fare offering. And lastly, we wanted to verify whether the claim that Careem is too expensive, compared to other apps, holds any truth to it.
