Careem slashes Karachi prices by 30%

In face of increasing competition by the likes of Uber, Careem has decided to reduce its Karachi fare by 30%.

“Careem cuts prices up to 30%. Now travel Go for Rs11/km & Economy for Rs15/Km,” an announcement stated.



The change only applies to its Go and Economy fleet with no word yet on Business fare. Although Careem has reduced its Go fare by 30%, its still more expensive compared to Uber’s Go price which charges Rs9.38/km compared to Careem’s Rs11/km.

Uber also charges a minimal wait charge of Rs2/minute along with a minimum fare of Rs150. As for Careem, you are bound to pay Rs200 (minimum limit) even for a very short distance along with Rs330/hour waiting charges.

 

Careem reduces prices by 30% PHOTO: CAREEM



Uber hasn’t released an economy and business version of its service and is restricted to certain areas of the city. Unlike Careem, Uber also doesn’t offer a wallet service, which lets you top up any remaining balance paid to the captain.

It remains to be seen whether Careem's measures will affect the growing taxi market in Karachi.