Uber to exit Colombia on Jan. 31 after court ruling

Uber to exit Colombia on Jan. 31 after court…

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez

BOGOTA (Reuters) – Uber Technologies Inc (UBER.N) will stop operating in Colombia from the end of this month, following a court order late last year, the ride-hailing company said in a statement on Friday.

In December the Andean country ordered Uber to cease operations after a judge said it violated competition rules.

In the statement, Uber said the decision was “arbitrary” and violated the company’s right to due process.

Reporting by Oliver Griffin; Editing by Richard Chang