The U.S. Stock Research Agency has learned that according to Zhitong Financial News, UBER (UBER. US) said Thursday it would start March 7
Uber did not give a reason to stop the Brazilian food delivery service in its statement. People familiar with the matter said the move was part of Uber's global repositioning strategy, which aims to shut down unprofitable businesses.
Brazil's food delivery industry is highly competitive, with other vendors besides Uber including Rappi, backed by SoftBank Group, and iFood owned by Move, a technology group backed by Prosus. In the last year, both Movile and Rappi, which is considering an IPO, raised millions of dollars to fund their operations in Latin America.
![Uber opened up the reverse scoring data and finally got an idea of what drivers were saying about passengers[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)