Uber scrambles to head off Brazil bill regulating ride software


  • TECH
  • Tuesday, 31 Oct 2017

San Francisco tech firms Uber and Airbnb topped the list of the 50 most sought-after startups, followed by WeWork, Lyft and Slack.

BRASILIA: Hundreds of drivers for the Internet based ride-hailing firm Uber drove through Brazil's largest cities on Monday to protest legislation that would turn them into regular taxi drivers subject to the same local licensing and taxation rules. 

The chief executive of Uber Technologies Inc, Dara Khosrowshahi, arrived in Brazil to lobby against the bill that is due to be voted on by the Senate on Tuesday and which threatens the company's business in a fast-growing foreign market.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Trump media shares gain as it alerts Nasdaq of 'potential market manipulation'
Apple's offer to open up tap-and-go tech to be approved by EU next month, sources say
Dutch privacy watchdog recommends government organisations stop using Facebook
Nigerian court adjourns Binance and executives' tax evasion trial to May 17
Pornhub, XVideos, Stripchat face strict EU rules, Commission says
India's Wipro scrapes past lowered revenue expectations, prioritises growth pick-up
Japanese doctors demand damages from Google over ‘groundless’ reviews
Meta releases beefed-up AI models
Explainer-Bitcoin's 'halving': what is it and does it matter?
Netflix slips as move to end sharing subscriber count raises growth doubts

Others Also Read