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Uber app closes Pakistan chapter, ceases operations in Lahore

Operations in South Asian country to continue through subsidiary Careem

Updated 30 Apr, 2024 09:54pm

Business & Finance

Uber to pay $178 million in Australia taxi class action settlement

SYDNEY: Uber has agreed to pay A$271.8 million ($178 million) to settle a lawsuit brought by Australian taxi...

Published 18 Mar, 2024 10:36am

World

French taxi drivers bring unfair competition case against Uber

PARIS: Around 2,480 taxi drivers will embark on another round of their latest legal fight against Uber in Paris on...

Published 13 Oct, 2023 11:48am

Business & Finance

Uber reports surprise profit in Q2

NEW YORK: Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery...

Published 01 Aug, 2023 07:37pm

Perspectives

Startups in Pakistan: where shutdowns kill competition

The past few quarters have proved to be horrendous for Pakistan’s startup sector with the country experiencing major...

Published 06 Jul, 2023 03:16pm

Technology

Indian taxi startup BluSmart picks EV fight with Uber

NEW DELHI: Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country...

Published 19 Apr, 2023 10:47am

Technology

UAE’s e& to acquire majority stake in Careem’s Super App for $400mn

Investment comes as Emirates Telecommunications Group Company looks at scaling up consumer digital offerings

Published 10 Apr, 2023 11:30am

Business & Finance

Uber sets sights on profits in 2023 as pandemic pain eases

BENGALURU: Uber Technologies Inc said on Wednesday it would focus on delivering profits this year, after rounding ...

Published 31 Mar, 2023 06:45am

Markets

inDrive to expand operations in five more cities in Pakistan

Company official says it will also enhance its presence in cities that it already covers

Published 12 Oct, 2022 03:13pm

Technology

Uber discontinues ride-hailing services in 5 cities

Riders from Karachi, Islamabad, Faisalabad, Multan and Peshawar will no longer be able to use service
Careem says it remains bullish on its commitment to Pakistan

Updated 11 Oct, 2022 03:44pm

Technology

China to fine ride-hailing giant Didi more than $1bn: reports

BEIJING: China is preparing to hit ride-hailing giant Didi with a fine of more than $1 billion to wrap up a...

Updated 20 Jul, 2022 11:10am

Business & Finance

From seeing a startup go belly up, Careem CEO Mudassir Sheikha has come a long way

At 21, Mudassir Sheikha saw the startup he worked for go belly-up, forcing the then young-graduate to introspect....

Updated 20 Jul, 2022 09:45am

Business & Finance

The Saudi investment king who no longer rules alone

DUBAI: The prince who’s the international face of Saudi business may no longer be able to call all the shots. For...

Published 15 Jun, 2022 01:53pm

Business & Finance

Uber bolsters platform for post-pandemic life

SAN FRANCISCO: Uber said Monday it is revving up to be a “go anywhere and get anything” service, testing ...

Published 23 May, 2022 08:02am

Technology

Uber to cut costs, slow down hiring, CEO tells staff

Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC...

Published 09 May, 2022 02:03pm

Business & Finance

Chevron Pakistan partners with Uber

KARACHI: An agreement was signed between Chevron Pakistan Lubricants (Private) Limited and Uber. The strategic...

Published 23 Mar, 2022 04:58am

Life & Style

US small-screen series explore the drama of startups

NEW YORK: As the founders of massive startups like Theranos, WeWork and Uber fall from grace, their failures have...

Published 14 Mar, 2022 06:00am

Technology

Uber reports $892mn Q4 profit, topping expectations

NEW YORK: Uber announced $892 million in quarterly profits Wednesday on surging revenues as the ride-hailing firm...

Published 10 Feb, 2022 10:41am

Technology

India's Maharashtra hopes to persuade Amazon, Uber, others to go electric faster

NEW DELHI: India's Maharashtra state will offer companies like Amazon.com Inc and Uber new incentives to electrify...

Published 08 Feb, 2022 03:19pm

World

India's Delhi government proposes making 25% of new cab registrations electric

NEW DELHI: The Delhi city-state government has proposed mandating a quarter of new cab registrations to be electric...

Published 24 Jan, 2022 08:22pm

World

EU lays out plan giving rights to Uber, Deliveroo drivers

BRUSSELS: The European Commission announced draft rules on Thursday to give many workers such as couriers for online...

Published 10 Dec, 2021 04:29am

Technology

Uber resumes shared rides in US

SAN FRANCISCO: Ride-hailing giant Uber has resumed its ride-sharing service in the United States, a top executive...

Published 17 Nov, 2021 12:25pm

Business & Finance

Uber ride share business regains traction in quarter

SAN FRANCISCO: Uber on Thursday said its ride share and food delivery businesses gained traction in the...

Published 08 Nov, 2021 05:19am

Business & Finance

Uber ride share business regains traction in quarter

SAN FRANCISCO: Uber on Thursday said its ride share and food delivery businesses gained traction in the...

Published 05 Nov, 2021 11:27am

World

Uber ordered to pay taxi drivers damages in France

PARIS: A French court on Friday ordered ride-hailing service Uber to pay damages to taxi drivers whose business...

Published 13 Sep, 2021 05:46am

Technology

Uber posts profit on one-time gains

Uber shares were down more than 3 percent in after-market trades that followed release of the earnings figures

Updated 05 Aug, 2021 10:11am

Business & Finance

Shell, Uber, Muawin collaborate for fuel management solutions

KARACHI: Shell Pakistan Limited collaborated with Uber and Muawin by Cashew Financial Services, to deliver a fuel...

Published 03 Aug, 2021 04:35am

Business & Finance

WorldCall says it will launch a ride-hailing service like Uber/Careem

Foresees launch of service early next year having carried out market research and feasibility study

Published 26 Jul, 2021 04:54pm

Pakistan

Uber free rides for teachers

ISLAMABAD: Uber, the global ride-hailing platform that seamlessly connects riders with drivers, in an attempt to...

Published 23 Jun, 2021 04:26am

Pakistan

Uber appoints new country head, GM for MENAP

KARACHI: Uber has announced the appointment of Shahid Khan as the new Country Head for Uber in Pakistan. He has...

Published 17 Jun, 2021 03:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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