Uber has become big business in Brazil and is operating in 37 cities across the country, including capital Uber 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 rocketing growth, however, is also a race against time: local governments are moving toward regulating and taxing the company in ways that may hurt its competitive advantage while taxi unions are pushing to ban it entirely. In Uber , Mayor Rio has signed legislation effectively banning Uber , though its drivers can operate until an appeal has been decided, while Sao Paulo's authorities are set to roll out new regulations including surprise inspections. In Sao Paulo's , 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 Uber 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. In Uber , Mayor Rio has signed legislation effectively banning Uber , though its drivers can operate until an appeal has been decided, while Sao Paulo's authorities are set to roll out new regulations including surprise inspections. In Sao Paulo's , taxi drivers are complaining of loss of revenue, saying Uber is "destroying their profession".