{"id":571245,"date":"2020-05-05T04:00:52","date_gmt":"2020-05-05T04:00:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/05\/ubereats-exits-middle-east-as-subsidiary-careem-announces-layoffs-closes-bus-service\/"},"modified":"2020-05-05T04:00:52","modified_gmt":"2020-05-05T04:00:52","slug":"ubereats-exits-middle-east-as-subsidiary-careem-announces-layoffs-closes-bus-service","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/05\/ubereats-exits-middle-east-as-subsidiary-careem-announces-layoffs-closes-bus-service\/","title":{"rendered":"UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service"},"content":{"rendered":"

<\/a> UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service:<\/strong> Ride-hailing giant Uber\u2019s plans for expansion in the MENA region took a hit yesterday after the company announced that it would discontinue its food delivery platform UberEats regionwide. The company has struggled to gain a foothold in the competitive MENA food delivery market, industry players tell us. A spokesperson said yesterday (pdf)<\/a> the decision was made to so Uber could concentrate its efforts on countries in which it has better growth prospects. UberEats will continue operating in Egypt until the end of Monday, 18 May, two years after it was first launched in Cairo, the company said in an email to users<\/a>. Uber\u2019s regular ride-hailing services will not be affected by the decision.<\/p>\n

Uber is also exiting: <\/strong>\u201cCzech Republic \u2026 Honduras, Romania, Saudi Arabia, Uruguay and Ukraine by June 4,\u201d Bloomberg<\/a> reports, adding, \u201cthe company also said it would transfer Uber Eats business operations in the United Arab Emirates to Careem by the same day.\u201d<\/p>\n

Careem to lay off 31% of its employees as business craters:<\/strong> Uber subsidiary Careem will lay off 536 of its employees as precautionary measures against the covid-19 pandemic take their toll on the business. It\u2019s unclear how many of the jobs to be cut are in Egypt. The announcement was made to employees<\/a> by CEO Mudassir Sheikha, who said that the pandemic had caused business to fall by 80%. \u201cThe covid-19 pandemic crisis has presented major risks to our dreams and our future impact \u2026 and the schedule for recovery is still unknown, a cause for concern,\u201d he said. \u201cThe most appropriate way to protect Careem in the long run is to move towards self-sustainability within a reasonable time frame.\u201d<\/p>\n

And Careem Bus is now a thing of the past:<\/strong> Sheikha also announced the closure of its mass transport business Careem Bus, just 18 months after its launch in Egypt. The company had since expanded the service into Saudi Arabia, Jordan and Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"

UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service: Ride-hailing giant Uber\u2019s plans for expansion in the MENA region took a hit yesterday after the company announced that it would discontinue its food delivery platform UberEats regionwide. The company has struggled to gain a foothold in the competitive MENA food delivery market, […]<\/p>\n","protected":false},"author":1,"featured_media":571246,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[442,72,2380,441,5065],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-careem","tag-enterpriseam","tag-speed-round","tag-uber","tag-ubereats","wpautop","entry"],"acf":{"mongo_id":"94b23f6d-874a-4f4e-89f2-8bad152190ff","is_powered_by":true,"section_story_id":"0d424eef-282e-474b-b660-46b62e662fc5","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/5\/32.jpg","photo_position":"above","related_issue":[571237],"teaser":"","voice_url":""},"yoast_head":"\nUberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/05\/ubereats-exits-middle-east-as-subsidiary-careem-announces-layoffs-closes-bus-service\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service\" \/>\n<meta property=\"og:description\" content=\"UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service: Ride-hailing giant Uber\u2019s plans for expansion in the MENA region took a hit yesterday after the company announced that it would discontinue its food delivery platform UberEats regionwide. 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The budding food delivery business is a diamond in what has been a rough year\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631222,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/13\/ubereats-food-delivery-to-expand-into-100-new-cities\/","url_meta":{"origin":571245,"position":1},"title":"UberEats food delivery to expand into 100 new cities","author":"enterpriseam admin","date":"13 March 2018","format":false,"excerpt":"Uber is planning to expand its food delivery platform UberEats into 100 new cities across the Middle East, Europe and Africa, a company official tells the Financial Times. 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Some 94% of Uber\u2019s transactions in Egypt are in cash \u2014 compared with 90%\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623278,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/","url_meta":{"origin":571245,"position":4},"title":"UberEats bites hard into food delivery business","author":"enterpriseam admin","date":"25 October 2018","format":false,"excerpt":"UberEats has a secret sauce that has allowed to become a dominant player in delivery tech: Delivering for more than 1,600 restaurants around the world, UberEats is the fastest growing player in the booming food delivery industry, according to Bloomberg. Since its Toronto launch in December 2015, the delivery app\u2026","rel":"","context":"In "Worth reading"","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/10\/uber-web.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604504,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/05\/uber-pilots-bus-service-in-cairo\/","url_meta":{"origin":571245,"position":5},"title":"Uber pilots bus service in Cairo","author":"enterpriseam admin","date":"5 December 2018","format":false,"excerpt":"Uber pilots bus service in Cairo: Uber CEO Dara Khosrowshahi was in Cairo yesterday to launch Uber Bus, the ride-hailing company\u2019s mass transit service. Cairo is the first city to pilot the service globally.How does it work? The service is essentially an upscaled, tech-enabled version of a microbus route (though\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/2826.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=571245"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571245\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/571246"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571245"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571245"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}