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Colombia’s Superintendencia de Industria y Comercio, or Superintendence of Industry & Commerce, akin to the US Federal Trade Commission, has announced a punitive fine on Uber Colombia SAS, Uber’s Colombia subsidiary, after Uber officials and lawyers allegedly blocked access...

Earlier this month, ride hailing firm Uber’s offices in the Plaza Claro commercial center in Bogotá was ordered closed and sealed by authorities. Though Uber’s legality in Colombia is controversial and fiercely opposed by taxi syndicates, the closure seemed to have a curious...

The financing will allow Cabify to reinforce its activity in favor of its smart cities agenda, reducing mobility costs, and improving the lives of citizens," said IDB Invest.

"It is our obligation to investigate and sanction any company — domestic or foreign — that violates these rules," said Javier Jaramillo of Supertransporte.

"You need a bunch of other expertise around the table in addition to raw engineering talent," says Casnocha. "There is still work to be done in terms of the human capital."

A union leader in Barranquilla said the aim is to "defeat the informality and illegality that are killing the taxi union."

More than 1,500 attendees gathered in the capital for the fourth edition of Colombia Startup.

To redeem the ride, users just need to enter "QUETALSI" in the promotion code section on the Uber app.

The ride-hailing service will begin a trial program of accepting cash payments throughout Colombia, where previously only card-based transactions were permitted.

Brasil’s Rapiddo has taken a stake for an undisclosed sum in Colombian startup Mensajeros Urbanos, Finance Colombia has learned. The Colombian startup, incubated in Telefonica’s  initiative titled Wayra Colombia, provides express messenger and delivery services, along with a web...