Uber leaves Europe’s largest market

Uber leaves Europe’s largest market


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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 been banned in Hungary and faces similar government resistance in Greece and the UK – two of its larger Euro-Atlantic markets.

The company depends on non-professional drivers, with a business model that depends on not paying health insurance, sick leave, and tax avoidance. Uber faces a similar litigation challenge in the UK, where the company has also faced complaints about its failure to guarantee passenger safety.

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