Uber’s new CEO is going to London to visit regulators and talk about the licence ban
London — Uber Technologies CEO Dara Khosrowshahi is flying to London next week for a diplomatic mission with city regulators to negotiate a deal that prevents the ride-hailing service from being banned in Europe’s largest city. With Uber’s new CEO grappling with a host of challenges, the visit shows how damaging the ban, announced last week, could be to Uber’s business. The British capital is one of the company’s most successful markets, with about 40,000 drivers and 3.5-million people using the app at least once every 90 days, according to Uber. The ban has already acquired an overtly political edge. London mayor Sadiq Khan, a Labour politician, supports the regulator’s decision, while UK Prime Minister and Conservative Party leader Theresa May said in a BBC interview on Thursday that the city’s plan threatened jobs and was "disproportionate". Khosrowshahi will sit down with Mike Brown, the commissioner for transportation for London, the regulator that last week revoked Uber’s lice...
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