"It's too early to know if Uber will be a major problem or a major solution" to the country's transportation needs. Uber has become big business in Brazil and is operating in 37 cities across the country, including capital Rio de Janeiro and Sao Paolo. However, the ride-hailing service's success could be its undoing as all-too familiar threats of regulation and legislation are looming. The company was founded by Travis Kalanick, a former Google executive who had previously worked at Uber. In Brazil, taxi drivers are complaining of loss of revenue, saying Uber is "destroying their profession".
Uber has become big business in Brazil and is operating in 37 cities across the country, including capital Rio de Janeiro and Sao Paolo. However, the ride-hailing service's success could be its undoing as all-too familiar threats of regulation and legislation are looming. The company was founded by Travis Kalanick, a former Google executive who had previously worked at Uber. In Brazil, taxi drivers are complaining of loss of revenue, saying Uber is "destroying their profession".