Categories: News

Car pooling service Tripda to shut down its operations

Rocket Internet’s carpooling service Tripda is shutting down its operations worldwide including Pakistan, claims a report by Tech in Asia.

The report further claims that Tripda is shutting down because of not being able to raise enough investments. The car-pooling service launched its operations in Pakistan, back in December 2014 and just recently revealed the number of ride-sharings as much as 200 per week on its most popular routes. The backing out of service from the country leaves a lone player, Savaree, in the market. We have reached out to Country Manager of Tripda in Pakistan for comment and haven’t received a response yet.

Savaree also recently expanded and included car booking service because of concerns of trust and security from users regarding car-pooling with strangers.

This is not the first time that Rocket Internet’s venture has exited a market or shutdown abruptly. In past, Easy Taxi also left the Pakistani market. There is rumor mill surrounding foodpanda’s operation as well. Speculation that since the service is up for sale in India might led to same in Pakistan has been the topic of discussion.

With the growing internet penetration and awareness regarding car-pooling applications there is no direct information on how much car pooling is popular. On the other hand, Uber, Lyft, Careem, all car-booking services, are performing well in their regions of launch.

We will update the story as soon as we hear from Tripda.

Sponsored
TechJuice

Pakistan's premier website covering everything about Technology, Startups and Entrepreneurship! Email: editors@techjuice.pk

Share
Published by
TechJuice

Recent Posts

Garena Free Fire India Launch Rumors: What Fans Need to Know

Reports suggest that Garena Free Fire is set to make a much-anticipated return to India.…

12 hours ago

Albania Bans TikTok for One Year: Here’s the Reason!

The Albanian government has announced a ban on the social media platform TikTok for a…

16 hours ago

Google Pixel 9 Pro vs. 8 Pro: Biggest Upgrades Compared

The launch of Google’s latest Pixel lineup brings an exciting chance to compare the new…

17 hours ago

Azad Kashmir to Host Pakistan’s First Women-Centric Software Technology Park

ISLAMABAD: In February next year, Pakistan is set to launch its first women-focused software technology…

18 hours ago

HEC Reveals Law Admission Test Date for LLB Students

The Law Admission Test (LAT) has been announced by the Higher Education Commission (HEC) of…

19 hours ago

Meta’s WhatsApp to Release New Playback Speed Feature for Videos

Meta's WhatsApp is rolling out a new playback speed feature, allowing users to adjust video…

1 day ago