{"id":34213,"date":"2019-11-25T16:00:36","date_gmt":"2019-11-25T16:00:36","guid":{"rendered":"http:\/\/thevoiceoflondon.co.uk\/?p=34213"},"modified":"2019-11-25T16:00:36","modified_gmt":"2019-11-25T16:00:36","slug":"ubers-stock-has-near-record-fall","status":"publish","type":"post","link":"https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/ubers-stock-has-near-record-fall\/","title":{"rendered":"Uber&#8217;s stock has near-record fall after London license loss"},"content":{"rendered":"<p><strong>In the aftermath of TfL denying Uber a license renewal to continue its services for being unfit to do so, its stocks have been witnessing a decline.<\/strong><\/p>\n<p>To mark this change of event, here&#8217;s an infographic highlighting some of Uber\u2019s highly controversial moments in recent years.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-34217\" src=\"https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/wp-content\/uploads\/sites\/64\/2019\/11\/voice-of-london-2-3.png\" alt=\"\" width=\"603\" height=\"1508\" srcset=\"https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/wp-content\/uploads\/sites\/64\/2019\/11\/voice-of-london-2-3.png 800w, https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/wp-content\/uploads\/sites\/64\/2019\/11\/voice-of-london-2-3-120x300.png 120w, https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/wp-content\/uploads\/sites\/64\/2019\/11\/voice-of-london-2-3-410x1024.png 410w, https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/wp-content\/uploads\/sites\/64\/2019\/11\/voice-of-london-2-3-768x1920.png 768w, https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/wp-content\/uploads\/sites\/64\/2019\/11\/voice-of-london-2-3-614x1536.png 614w\" sizes=\"auto, (max-width: 603px) 100vw, 603px\" \/><\/p>\n<p>The ridesharing company revealed that it will be appealing this decision, and can continue to offer its services until then.<\/p>\n<p>Dara Khosrowshahi, the company\u2019s CEO since 2017, criticised TfL\u2019s course of action:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We understand we\u2019re held to a high bar, as we should be. But this TfL decision is just wrong. Over the last 2 years we have fundamentally changed how we operate in London. We have come very far \u2014 and we will keep going, for the millions of drivers and riders who rely on us.<\/p>\n<p>&mdash; dara khosrowshahi (@dkhos) <a href=\"https:\/\/twitter.com\/dkhos\/status\/1198929262826311681?ref_src=twsrc%5Etfw\">November 25, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Sadiq Khan, too, addressed the issue this morning via a Twitter statement:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">My statement on TfL&#39;s Uber decision. <a href=\"https:\/\/t.co\/h8tiQeFQBH\">pic.twitter.com\/h8tiQeFQBH<\/a><\/p>\n<p>&mdash; Sadiq Khan (@SadiqKhan) <a href=\"https:\/\/twitter.com\/SadiqKhan\/status\/1198908741548171264?ref_src=twsrc%5Etfw\">November 25, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Editor\u2019s Picks:<\/p>\n<ul>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/a-timeline-of-the-university-strikes\/\">A timeline of university strikes<\/a><\/li>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/what-if-britain-had-a-social-credit-scoring-system\/\">What if Britain had a social credit scoring system?<\/a><\/li>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/racism-in-football-it-affects-everyone-at-every-level\/\">Racism in Football: It affects everyone at every level<\/a><\/li>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/were-all-grumpy-here\/\">We\u2019re all grumpy here<\/a><\/li>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/five-london-locations-important-to-freddie-mercury\/\">Five London locations important to Freddie Mercury<\/a><\/li>\n<\/ul>\n<p>Words and infographic: Zaina Emad | Photo:\u00a0Freestocks-photos at <a href=\"https:\/\/pixabay.com\/\">Pixabay <\/a><\/p>\n<p>Infographic layout: Anna Katrina Marchesi | Infographic website: Canva<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the aftermath of TfL denying Uber a license renewal to continue its services for being unfit to do so, its stocks have been witnessing a decline. 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