Tag: Yahoo Finance

Uber to take exit ramp in Colombia after 'arbitrary' court ruling

Uber Technologies Inc will stop operating in Colombia at the end of this month, following a court order late last year which the ride-hailing company on Friday called "arbitrary" and a violation of its right to due process. The Andean country ordered Uber to cease operations after a judge said it violated competition rules. Uber said it will use all legal avenues to defend the rights of 2 million users and 88,000 drivers in the country....