Categories: FinanceNewsUK

Uber’s stock has near-record fall after London license loss

In the aftermath of TfL denying Uber a license renewal to continue its services for being unfit to do so, its stocks have been witnessing a decline.

To mark this change of event, here’s an infographic highlighting some of Uber’s highly controversial moments in recent years.

The ridesharing company revealed that it will be appealing this decision, and can continue to offer its services until then.

Dara Khosrowshahi, the company’s CEO since 2017, criticised TfL’s course of action:

Sadiq Khan, too, addressed the issue this morning via a Twitter statement:

Editor’s Picks:

Words and infographic: Zaina Emad | Photo: Freestocks-photos at Pixabay

Infographic layout: Anna Katrina Marchesi | Infographic website: Canva

Voice of London

Recent Posts

Escaping the rent trap – Welcome to the UK’s housing crisis

As the cost of living in the UK continues to rise, renters are facing an…

1 year ago

Fashion trends prediction for 2023

According to various fashion editors, critics and publications, 2023 will be a mesh between continuing…

1 year ago

BLACKPINK take over the O2

The biggest girl group in the world shut down the O2 arena in December. The…

1 year ago

Does museum glass cause more harm than good to oil paintings?

With many paintings in danger of damage, are museums protecting the longevity of their valuables?…

1 year ago

Chelsea are undefeated since the World Cup as they face Man City on Thursday

Chelsea F.C. have gotten off to a good start since Christmas and haven't lost a…

1 year ago

Tottenham falls behind in the Champions League race

Tottenham Hotspur lost their first game since Christmas in a 2-0 defeat to Aston Villa…

1 year ago