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Wednesday, 8 February 2017

Careem launches revamped products, looking to increase drivers four-fold this year

Ride-hailing app Careem revamped its products by introducing Go and Go+, with the Go service replacing the Engezny and Economy services, which have a larger number of lower-end cars, and Go+ replacing the higher-end Business option. The base fare for a Go ride is EGP 4.50, with each km traveled costing EGP 1.80 and each hour of waiting time costing EGP 32. Go+ has a base fare of EGP 6, with each km costing EGP 2.1 and a charge of EGP 42 per hour of waiting time, Al Borsa reports. Careem Egypt boss Wael Fakharany said at a press conference for the launch that Careem is planning on raising its number of drivers in Egypt to 200k from 50k by the end of the year, Al Mal reported.

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