PhotoMr. Khosrowshahi signaled in the interview that Uber was open to some regulation in Brazil. But he said the original bill would have “drastically” reduced the number of Uber drivers in Brazil, currently 500,000. According to the company, Uber has more than 17 million users in Brazil. Uber’s more conciliatory approach in Brazil comes after a bruising loss in London, where officials declined to renew its license. In urging regulation, taxi drivers say they just want to level the playing field.

Source: New York Times November 05, 2017 17:26 UTC