Turkish President Recep Tayyip Erdogan has declared during a Ramadan dinner that the ridesharing company Uber is “over” in Turkey and apparently the interior ministry has given “the order”. Uber currently runs under a license that costs much less than taxi plates (about $760 US instead of $360,000), but Erdogan argued that it was “not possible” to offer […]
Sources from index.hr, have indicated that the Ministry of Transport and Infrastructure is about to ban Uber in Croatia. The final decision is yet to be passed by the court, but if the decision is approved then this would be the first app to be banned in the history of Croatia. Uber, has been active in […]
Nowadays the unicorn term is commonly used to define startups that exceeds the value of $1 billion. Such unicorn include the names of Uber, Snapchat, Airbnb, etc. Inc. Magazine has prepared a list of unicorns to watch in 2016, and it looks like some known names from 2015 are on that list for 2016.
After we reported that Uber is planning to expand their service around the Balkans and after Bulgarian authorities shut down Uber in Sofia, Uber has launched its service in the variant of UberX, with licensed drivers working for the company as independent contractors.
In September, Bulgariaâ€™s Supreme Administrative Court upheld a decision of the countryâ€™s anti-trust watchdog to fine two Dutch-registered online taxi-service providers,
The Wall Street Journal calls Uber the worldâ€™s most highly capitalized startup. Offering a ride-sharing app that causes a lot of trouble with Taxi Regulations around the world…