Uber Hungary to hold farewell convoy Saturday
On the day when US-based ride-sharing application Uber is suspending Hungarian operations for an unspecified period due to stricter regulations, drivers are planning to hold a farewell procession.
The expected six-kilometer ride will not cause any traffic disruptions, organizers expected, although it is foreseen to be loud, accompanied by constant honking of horns.
As new regulations by the Hungarian government would for all intents and purposes turn Uber vehicles into taxis, Uber has decided to pull out from the country until a favorable legal environment makes it possible to return.
Uber users can join drivers riding free of charge on the final convoy, which is scheduled to set off at 4 pm on Saturday from Budapest’s Heroes’ Square.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.