Careem, the Super App for the greater Middle East and Pakistan, has announced to become a Digital-Out-of-Home (DOOH) Ad platform by partnering with Lambda Marketing Solutions. 

The partnership will pave a roadmap to offer additional sources for Captains interested in monetizing their vehicle. During the Initial phase, 5000 data-sim enabled tablets will be installed in vehicles which will deliver advertising and other content to customers which will enable brands to measure and monitor their performance in real-time.

In its pilot phase of 30 days around 20 screens were installed which has resulted in 36,000 views in a short span of time. Careem plans to complete the installation of additional 5000 screens within the next phase of 3 months which is expected to result in 3.5 million views, providing Captains and vehicle owners with additional earning opportunities.

Furthermore, the vehicles with screens will incentivise both captains and customers with free WiFi.  The platform would further be utilised to display content benefiting the community at large such as better civic sense, adherence to traffic rules and functional safety features and so on. The ceremony was held at Careem’s office in Lahore, where senior officials from both the companies were present.

On the occasion, Zeeshan Hasib Baig, CEO & Country General Manager, Careem Pakistan stated:

This partnership aims to leverage high mobility, not only, offering additional incentives to Captains but also to  become a digital Ad platform by working together with brands, offering them real-time measurement and monitoring for their advertising spent.” 

Shoaib Sarwar, CEO Lambda Marketing stated: "With this partnership, we are doing something extremely unprecedented, an innovative and additional means of  advertising for brands which offers real-time monitoring. Careem's 800,000 registered Captains and high mobility impact creates a win-win situation for all stakeholders"

Careem has more than 800,000 Captains registered on its platform so far and has invested up to 80 million dollars since its inception in Pakistan in 2016. Transforming into a Super App; Careem offers multiple opportunities as it expands its services from mobility of people to adding mobility of things as well as mobility of money including food, daily essential deliveries, peer to peer credit transfer and mobile top-ups.

-Ends-

Media Contact:
Madiha Javed Qureshi
Director Communication
madiha.javed@careem.com  

Nuzair A. Virani
Manager Communication
nuzair.virani@careem.com       

About Careem:

Careem is the internet platform for the greater Middle East region. A pioneer of the region’s ride-hailing economy, Careem is expanding services across its platform to become the region’s everyday Super App. Careem’s mission is to simplify and improve the lives of people and build an awesome organisation that inspires. Established in July 2012, Careem operates in over 100 cities across 14 countries and has created more than two million employment opportunities in the region. Careem became a wholly owned subsidiary of Uber Technologies, Inc. in January 2020. www.careem.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.