A court has granted Uber a 15-month probationary license to operate in London.
Just a few weeks after Dara Khosrowshahi inherited an already scandal-ridden company, Uber’s new CEO was thrust into a regulatory gauntlet with London lawmakers. The agency that oversaw the ride-hail and taxi industries had chosen not to renew Uber’s license to operate, effectively instating a ban on the company in the city.
Fast-forward to today, about 10 months into Khosrowshahi’s tenure as CEO, and the new Uber he built has won the right to continue to operate in London — at least for 15 months. The logic: It was the old, win-at-all costs company that London banned, and it’s the new, friendly, do-the-right-thing company that Uber is purporting to be that a court has granted a license.
Uber 2.0 scored a big win in its biggest market in Europe, but now it has to prove that it will maintain its commitment to being the refurbished company it’s pitching itself as — not just to London but also to the public in all the markets it operates in.
The London court has crafted its license to ensure just that. As a condition of its 15-month probational license, Uber will be audited every six months.