Uber, the peer-to-peer ridesharing and transportation giant that helped revolutionise taxi services, announced that it is officially pulling out of the German market.
The company dropped an appeal with Germany’s high court, according to German-language periodical Automobilwoche,  leaving UberPOP unable to reinstate its service in Europe’s largest economy.
The move is a major blow to Uber's brand, which has been under fire in recent months over its business practices. The company has already be...

This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now