Uber unit Careem sees ride-hailing recovery next year

Uber unit Careem sees ride-hailing recovery next year

A customer displays the Careem Inc. ride-hailing app while booking a car in this arranged photograph in Islamabad, Pakistan. Photographer: Asad Zaidi/Bloomberg

Careem, a unit of Uber Technologies, expects ride-hailing demand to recover to pre-pandemic levels “some time” in 2021, encouraged by a better-than-expected pickup as countries started to ease coronavirus-related curbs.

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