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The cab lobby is powerful in Israel. But I suspect this had more to do with #Waze - the Israeli GPS app purchased by #Google ($GOOGL). Waze recently started a car sharing aspect to their app and #Uber would have competed greatly with this.
Uber Reports Massive $1.5 Billion 3Q Loss As Two Investors Drop Out Of New Financing Round
The cab lobby is powerful in Israel. But I suspect this had more to do with #Waze - the Israeli GPS app purchased by #Google ($GOOGL). Waze recently started a car sharing aspect to their app and #Uber would have competed greatly with this.