Professional Documents
Culture Documents
Careem PDF
Careem PDF
was founded in the year 2012 by Mudassir Sheikh and Magnus Olsson. Since its beginning,
Careem targeted metropolitan cities for providing its services and now is operating in more
than 30 major cities of the Middle East South Asian region. The company started its business
in one of the busiest countries of the world i.e. UAE, and then expanded its horizon to Egypt,
With the remarkable success in the Middle East, Careem, was launched in Pakistan in late
2015. The company started its operations initially from Karachi but soon extended it to Lahore
and Islamabad. They are planning to expand it even further to cater Hyderabad, Faisalabad,
Gujranwala, Peshawar and Multan for which they have already planted the seed in terms of
their promotional activities, especially Careem Campus Ambassador Drive in the universities
situated in these cities. Over and above that, Careem, has successfully tailored its services to
The pillars of the company are; the captain and the vendor. Captain is a driver who is associated
with his respective vendor. They are designated to work under the vendors who have registered
themselves under Careem. A vendor is registered with Careem as a separate legal entity (Limo-
company), who brings his own car(s) along with driver(s). He is responsible for the car and
the driver (Captain) along with all the overheads and expenses which include internet cost, fuel,
maintenance cost, and captain’s salary. Vendor can grow his limo company at any time i.e.
recruit new captains and bring in new cars. Profit distribution follows 20-80 ratio. Careem gets
20% of the total of what the vendor has earned in a month. Whatever income the vendor
generates by servicing under Careem, he has to pay Careem 20% of his profit.
Careem communicates its branding strategy through loud and vivid means. A good example is
its recent billboard campaign demonstrating a “meme” with “Why You No Use Careem”
written on it. The idea is to get people talk about it. For young market segment who are also
Careem runs ad campaigns on Facebook networks. The marketing team uses Facebook’s
Lookalike Audience tool to target mass audience. Based on the customer’s profile, location
and personal details, Facebook gives access to “Lookalikes” of already existing customers who
might be interested in the given product or service. Careem uses this feature to target audience
in the three major cities of Pakistan (Lahore, Karachi and Islamabad). The targeted audience
gets to see Careem’s promoted ad of its app and page on their timeline, on other pages and as
“suggested page” along with the promotion codes and discounts. Careem wishes to avoid
Careem has successfully completed its one-year operation in Pakistan and has morphed its
business model according to the market needs and consumer behaviour. The company’s main
brand development objective is to create positioning which reflects its values proposition:
I. IT IS EASY TO USE
Careem has made travelling easy; its quality service has increased its customer demand. It has
dedicated a great effort to provide a well-heeled environ not only to its customers but also to
the vendors and captains. It currently has about 6 million registered users and continues to
In today’s dynamic market, Careem, recognizes the need to be ingenious to enrich the well-