Uber Pulls Out of Yet Another Country

Mar 28, 2017

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Ride-share giant Uber today said that it will be terminating operations in another country — Denmark. Uber was reportedly unable to persuade the Danish government to change its taxi laws in such a way that would make Uber’s business model viable. Denmark’s new rules for taxis require the use of taxi meters and cameras for surveillance, and they also set a limit of 125 taxi operator licenses per quarter, which Uber says would result in a situation requiring several years before all its drivers were licensed.

When Uber ceases operating in Copenhagen on April 18, it’ll leave behind an estimated 2,000 drivers and 300,000 riders. The company has said that it will continue to try to persuade the Danish government to reconsider its stance, but that’s unlikely to happen, as the government maintains that the ride-share operations in the country have always been illegal.

Uber’s exit from Denmark is just the latest in a string of service discontinuations in different locations around the globe. Last year, the city of Austin, Texas became involved in a dispute with both Uber and Lyft involving the city’s requirement that all drivers be subject to a fingerprint-based background check. Thus, both Uber and Lyft voluntarily exited the market and have yet to return. Then Uber effectively left mainland China after the company sold its unprofitable operation to a local competitor named Didi Chuxing. It then became embroiled in a lawsuit with the city of Newark, New Jersey against the local Cab Association. It prevailed and operations continue in Newark today, but it was a high-profile case that had many wondering if Uber would be forced to shut down at one of the nation’s busiest airports. Most recently, Uber has paused operations in Taiwan (though it hasn’t indicated if it will ever return) due to a dispute with the Taiwanese government after it declared Uber’s services to be illegal.

While it may seem like Uber is being pushed out of more and more cities and countries, the list of cities in which it operates is enormous and continues to grow. The rise of other ride-share services unique to certain cities, such as Juno, Gett and Via, have also given Uber a run for its money — but for now, Uber remains a powerful and popular force among travelers all over the world.

H/T: CNNMoney

2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
17.49% - 24.49% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.