Uber just lost its licence to operate in London

Richard Drew/AP

Uber CEO Dara Khosrowshahi speaks during the company's unveiling of the new features in New York, Wednesday, Sept. 5, 2018.

• Uber has lost its licence to operate in London, one of its biggest markets globally with more than 3.5 million riders.
• London's transport regulator said Uber was not "fit and proper" to hold the licence.
• The regulator, Transport for London, said it had concerns about whether Uber drivers were who they said they were.
• Uber has 21 days to appeal the decision.

Uber has lost its licence to operate in London, a major blow given the UK capital is one of the ride-hailing app's biggest markets globally with some 3.5 million users.

The city's regulator, Transport for London, said it had concerns about whether drivers were who they said the way, according to a statement.

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