Finally, it’s going to happen within a week. The only ride-sharing company in Islamabad and Rawalpindi, Careem, will now face a tough competition in these cities as Uber to Launch Services in Twin Cities.
Uber to Launch Services in Twin Cities Within a Week
On its official Facebook account, Uber has showed a picture of twin cities and asked it a hint of cities in which they are coming. However, the company has not revealed any information when it will launch its services in these cities. But most probably, it will launch its services in these cities by the end of April.
currently, only the UAE-based ride-sharing company, Careem, is getting the advantage of providing services in these cities. So, let’s see what Careem will do to face this competition.
Google and Uber collaboratively bring more ease to its users. Now Uber users can book an Uber Ride Directly within Google Maps. Many of us relay on Google Maps when to go outside and book an ride as well. But the new update of Google Maps will allow its users to book the most famous ride hailing service. So you don’t need to install the Uber App. You can do all the booking functionalities directly from your Google Maps.
Uber Faces a Loss of Over $3 billion in 2016. According to reports, Uber’s losses for the financial year 2016 are likely to climb up to $3 billion as compared to $2.2 billion last year. Regardless of posting these massive losses, Uber’s profits is continually increasing due to growing assurance of financiers and rapid worldwide growth.
Besides this, Uber is also spending a huge sum of money in its Research and Development department. Self-Driving cars, flying taxis and much more. These assignments are guaranteed to take a toll on expenditures and are yet to return any financial consequences.
Also Read: Uber Faces a Loss of Over $3 billion in 2016