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Chinese ride-hailing platform starts operations in Panama

Chinese ride-hailing platform DiDi Chuxing on Monday announced its launch of operations in Panama as part of its expansion plan in Latin America. According to DiDi’s general director for Central America, Pablo Mondragon, Panama will be the company’s second Central American market, after Costa Rica,...

Uber’s Success: The Real Story

Since it went public last May, much of the investor debate surrounding Uber has understandably revolved around how quickly the company can pare its still-massive losses. Less attention has been given, however, to Uber's ride-hailing share losses in the U.S. and Latin America, where Lyft...

Uber to leave Colombia after regulatory crackdown

In the midst of a difficult legal battle and after six years in the country, Uber announced Friday that it will stop providing its mobility services in Colombia indefinitely. In its latest regulatory blow, Uber will end operations in Colombia on January 31, confirmed...

Uber pulls $40 million Colombia investment

(Reuters) – Ride-hailing mobile application Uber said on Thursday it will not be basing a $40 million support and safety center in Colombia after all, because of a lack of regulatory stability in the Andean country. Ride-hailing apps have drawn the ire of authorities in...

Latin-America and the Caribbean are surfing the ride-hailing wave

Remember what trying to get a cab used to be like? Not long ago, you would have to step into the street, wave your arm in hopes of being noticed and sometimes wrestle another would-be passenger for the coveted spot. And that was only...

Legislature Will Begin Discussion On Uber Next Week

The bill presented by the Government through the Ministerio de Obras Públicas y Transportes (MOPT) - Ministry of Public Works and Transportation - to regulate the service provided through digital platforms, such as Uber, will begin discussion in the Legislative Assembly next week. Given that...

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