Home - Tech - In wake of Uber’s arrival in Pakistan, Careem acquired Savaree

In wake of Uber’s arrival in Pakistan, Careem acquired Savaree

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In a latest move, the ride-hailing app from Middle East has acquired Savaree, the local  car pooling and cab providing company, founded by the young entrepreneur Madeeha Hassan.

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Although, so far now the value of deal and other aspects leading to it are not revealed.

Careem on their official Facebook page told about the acquisition.

We are excited to announce that Careem has acquired Savaree !

Posted by Careem on Wednesday, March 30, 2016

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While looking at this deal it seems that Careem after getting the smaller challengers on board are eying at a big completion with the globally fame Uber.

It is pertinent to mention here, Uber launched its services in Pakistan earlier this month, with just getting operation in Lahore, the US-found companies aim to expand services to other cities also. And as much as they will spent time they will get more strong foot hold.

To deal with all such further competitions, Careem acquired a local startup Savaree.

The other thing which should not be left unnoticed is Savaree was founded back in January 2014, has the maximum experience than others in the field. And Careem has recently set their services in Islamabad, after having set offices in Karachi and Lahore.

 

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