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Uber plans to expand services across Quebec this fall

Credit: REUTERS/MIKE BLAKE

Uber Technologies Inc on Wednesday said it plans to expand its ride-hailing services across the Canadian province of Quebec this fall.

Aug 26 (Reuters) - Uber Technologies Inc UBER.N on Wednesday said it plans to expand its ride-hailing services across the Canadian province of Quebec this fall.

The announcement comes as Quebec braces for a new taxi reform bill, which will abolish the costly taxi permit system and also make way for app-based ride-hailing services such as Uber.

The company did not give a specific date for the expansion of its service throughout the province.

Quebec, which makes up 24% of the Canadian population, was worst hit by the coronavirus crisis in the country and began to gradually reopen its economy in May.

Uber's ride-hailing segment also remained battered by the pandemic during the second quarter, with revenue from the United States and Canada, its largest combined market, declining to $1.25 billion.

As part of an ongoing pilot program started in 2016, the company's services are currently available in Montreal, Quebec, and Gatineau.

(Reporting by Nilanjana Basu in Bengaluru, Editing by Sherry Jacob-Phillips)

((nilanjana.basu@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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