- Adios Colombia... Uber Technologies (NYSE:UBER) has ceased operations in the country after failing to win a government reprieve from a ruling that found its service violated competition norms.
- "Colombia’s reputation as being open to innovation just drove off in the back of a taxi," said Justin Kintz, Uber's vice president for global public policy.
- The ride-hailing service had faced a backlash from taxi drivers ever since choosing Bogota as its entry point to South America in 2013.
Uber marks first exit in Latin America
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