Uber fires over 3,700 Employees

Quratulain Y Azher Karachi, May 06, 2020: The management of the world’s biggest App-based taxi service, Uber, has announced to fire 3,700 employees and permanently close 180 driver service centers as part of the of cost-cutting measures in the wake of coronavirus pandemic that suspended its services in different operating countries. The reductions will affect…

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Uber completes acquisition of Careem

Karachi, January 03, 2020: Uber (NYSE: UBER) today confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem co-founder and CEO Mudassir Sheikha will continue to lead the Careem business, which will report to a board made…

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Uber partners with TCS: Providing convenience and ease for riders

Karachi, September 26, 2019: Uber, the global ride-hailing giant, connecting riders to drivers, has partnered with TCS, Pakistan’s largest and most recognized courier, logistics and e-commerce solutions provider. The new partnership offers exclusive discounts for Uber riders to make commuting to and from TCS retail outlets even more safe and convenient. “The thought behind this initiative…

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