This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers earlier this morning.In a potentially major blow to Uber's business, Transport for London , London's transportation regulator, that it will not renew the ride-hailing company's license to operate in the city.
Uber was shortly thereafter able to resume operations after appealing the decision — something it can do for this latest decision as well — and was granted a 15-month license after Dara Khosrowshahi took over as CEO and implemented new safety standards.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber slides as London revokes company's license—Cramer and other pros reactUber's conflict with the city of London has come to a head, and experts aren't exactly surprised by the development.
Source: CNBC - 🏆 12. / 72 Read more »