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Rio de Janeiro Moves to Ban Uber, Threatens Sharing Economy

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Posted: August 27th, 2015

One of the most controversial companies operating globally may be Uber, and it came under attack most recently on Tuesday in Rio de Janeiro, where the city council voted to ban unregulated ride-sharing services.  Mayor Eduardo Paes now has 15 days to decide whether to approve and sign the vote into law. 

Headquartered in San Francisco, California, Uber Technologies Inc. was founded in 2009 to connect riders and independent drivers through a smartphone application.  Today, Uber operates in 60 countries and over 300 cities.   Many of these cities, however, are unhappy with Uber’s presence.

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Categorized as:Latin America ReportingTagged with:

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