Uber to exit Colombia on Jan. 31 after court ruling

BOGOTA (Reuters) – Uber Technologies Inc (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.

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