Careem books a ride with The Entertainer



Careem, the home-grown, chauffeur-cab booking service, has teamed up with The Entertainer, the buy-one-get-one-free coupons catalogue, in a move that could jump-start the UAE’s digital economy.

Careem is usually booked through its mobile app, email or phone but now it can also be booked through the Entertainer app in Dubai, Abu Dhabi, Riyadh, Jeddah, Qatar, Bahrain and Kuwait.

Since its launch in 2012 the chauffeur service has grown exponentially, particularly after it changed its focus from the business traveller to consumers. Over the past 18 months its rides have jumped 30 per cent every month, and it intends to keep rate of growth, it said.

“The Entertainer sits bril­liantly with our service,” Christian Eid, the general manager of Careem, said. “When people book on the Entertainer app to go out for a meal or a brunch they can simultane­ously book a car to take them there and pick them up. It is a win-win for both companies and why we joined forces.”

The global taxi-hailing firm Uber joined the fray for chauffered taxis in the UAE in 2013, leading many to forecast Careem’s demise, but in fact Uber has acted as a spur to the Dubai company, it said.

“We think the competition has been fantastic for us because it has made our company and our service better,” said Mr Eid. “We are now in 27 cities in 10 countries and adding two to three cities every few weeks. Our reach is from Morocco to Lahore, and I think we have only scratched the surface with regard to the opportunity in front of us.”

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The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

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The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
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Power: 350hp @ 7,400rpm
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What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.