viewUber Technologies Inc

Uber heads to court in bid to win back London operating licence

The taxi app was denied a licence by Transport for London last year, with the regulator citing concerns over its safeguarding procedures

Uber Technologies Inc - Uber heads to court in bid to win back London operating licence

Uber Technologies Inc (NYSE:UBER) has begun a court battle in a bid to win back its London operating licence after the taxi app was previously banned from operating the capital due to safety concerns.

The company said it has made changes to its business model and thus should be able to return to one of its biggest markets, with regulator Transport for London (TfL) having refused to renew its operating licence last year.

READ: Uber joins fight against coronavirus pandemic by offering contact tracing service

TfL justified its refusal by citing safeguarding concerns over the ability of Uber drivers to upload their photos to other accounts with the company, resulting in thousands of trips where passengers were picked up by drivers that were not advertised in the app.

Uber is still able to operate its cars in London as the appeals process is ongoing, with this latest contest to be heard at Westminster Magistrate’s Court from Tuesday to Thursday.

Even if it manages to win back its licence, the company is still likely to face stiff opposition from London’s black cab drivers, who have protested against the firm for threatening their livelihoods.

Shares in Uber were up 0.37% at US$38.09 in pre-market trading in New York on Tuesday.

Quick facts: Uber Technologies Inc

Price: 52.52 USD

Market: NYSE
Market Cap: $92.63 billion

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