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Uber under risk in Brazil

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Brazil’s Senate on Tuesday (Oct.24)  voted 46- 7 in favor to fast-tracking a bill that would regulate Uber and other on-demand transport apps as taxi services rather than technology companies. Uber. Cabify, 99 and Lady Driver  in a joint press release said that the proposed changes would “increase app drivers’ bureaucracy so much that the system would become inviable.”  The next Senate will have a second round of votingtake on Oct. 31.

Uber, who just suffered a ban in London could be hardly hit by the prospective legislative decision in Brazil that would make its business model unworkable in the secondo-largest world market (after the U.S.).