Uber’s Middle East business Careem sees ride-hailing recovery next year | Malay Mail

Sunday, 28 Jun 2020 07:56 PM MYTDUBAI, June 28 — Careem, a unit of Uber Technologies, expects ride-hailing demand to recover to pre-pandemic levels “sometime” in 2021, encouraged by a better-than-expected pickup as countries started to ease coronavirus-related curbs.“It’s really anyone’s guess. We have planned for a recovery sometime next year but... the recovery has begun, and the recovery has been faster already than our initial projections.

“I’m actually quite bullish on the rest of the year and the next few years as a result of some of the restrictions that were put on our movement and the growth it led to in the adoption of digital platforms.” It announced today it had signed a multi-year agreement with Visa that will see Visa push payment services become available through the app.

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Covid-19: New pandemic clampdowns in Texas, Florida rattle business owners | Malay MailHOUSTON, June 27 ― Bar and restaurant owners in Texas and Florida were fuming yesterday after state officials abruptly slapped new restrictions on their businesses due to a spike in new Covid-19 cases. Owners warned the sudden reversals, just weeks after accelerated reopenings, will drive some...
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