News

Careem invested $100 million since 2015, created 800,000 employment opportunities

Careem, the Super App of the greater Middle East and Pakistan, has partnered with Oxford Economics to release “The Socio-Economic Impact of Careem”, an independent report including data from 2015-2019. The report is a detailed account of how Careem has contributed to opportunities for income-generating activities, providing reliable services that simplify lives, safer mobility for women, and the socio and economic impact on Captains, Customers, Colleagues, and the local communities.

The report includes in-depth data of Careem Captains and Customers, their demographics, total trips taken on Careem in addition to the economic impact created by the company. According to the report, Careem has invested more than PKR 100 million in Pakistan in the last 5 years, creating a customer base of 9-10 million in Pakistan, taking a total of 236 million rides. The customer base of Careem Pakistan consists of 64% males and 36% females. Similarly, the report indicates that Careem Pakistan has a total of 800,000 registered Captains.

Zeeshan Baig, Country General Manager of Careem Pakistan commented:

“It brings me great pleasure to see the impact Careem has made in Pakistan over the years. It has not only paved the way for a shift in the digital ecosystem in Pakistan but also contributed massively to the lives of millions of people. The scale at which Careem has provided employment opportunities and the people we have moved over the years truly humbles me.”

The report also includes data-driven information based on a sample survey of Careem Captains, their livelihood, demographics, reasoning, behaviors, and backgrounds.

Careem is also known for taking the initiative of defeating the social “shock-factor” of women driving around by providing them with an opportunity to become Captains. Today Careem has more than 1600 female Captains registered to have an average rating of 4.83. Women Captains have covered a distance of 4,500,000 kilometers taking more than 570,000 rides.

Transforming into a Super App; Careem offers multiple opportunities as it expands its services from the mobility of people (ride-hailing) to adding mobility of things as well as mobility of money including food, daily essential deliveries, peer to peer credit transfer, and mobile top-ups.

Sponsored
Usman Aslam

A tech enthusiast, writer, researcher and strategist working on the latest technologies and making an impact. Usman has been heavily focused on building communities, empowering people through technological trends and advancements for over 3+ years including many notable names such as IEEE Region 10, TEDx, Google Developers, United Nations Programmes, Microsoft Partner Program and much more. Reach out: usman.aslam@techjuice.pk

Share
Published by
Usman Aslam
Tags: Careem

Recent Posts

Weekend Brings Positive Change in Lahore’s Air Quality Index

LAHORE: Lahore's air pollution levels showed significant improvement over the weekend, with the overall Air…

46 mins ago

PTA Streamlines VPN Registration for Freelancers

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has streamlined the procedure of registering Virtual Private Networks…

1 hour ago

Report Predicts PSX Will Hit 127,000 by December 2025

The Pakistan Stock Market (PSX), fuelled by economic stability and budgetary consolidation, is expected to…

1 hour ago

Lahore Completes Preparations for Artificial Rain Project

The Punjab government is advancing plans to generate artificial rain in Lahore to further enhance…

3 hours ago

Indus Motor Company Suspends Toyota Car Production

Indus Motor Company (IMC), which makes Toyota cars in Pakistan, has said that production will…

3 hours ago

Azerbaijan Shows Interest in J-10Cs After Acquiring JF-17s from Pakistan

At the 2024 Zhuhai Air Show, the J-10C "Vigorous Dragon" fighter jet has emerged as…

3 hours ago