About 250 Uber Drivers in Istanbul Said to Organize Walkoutby and
Drivers said to protest 25% fee cut to "UberXL" service
World's most valuable startup began service in Turkey in 2014
About 250 Uber drivers in Istanbul are abandoning the service to protest the company’s 25 percent price cut, according to two people familiar with the decision.
The drivers met on Friday in Istanbul and will deliver a letter to management declaring the decision to boycott until the fee cut is repealed, one of the people said. The drivers are from the "UberXL" service, which features Mercedes or Volkswagen minivans and was previously priced at a premium over city taxi fares.
Uber, the world’s most valuable startup, began service in Turkey last year. The company is in the process of raising as much as $2.1 billion in a financing round that values it at $62.5 billion, people familiar with the matter said this month.
Nairi Hourdajian, a spokeswoman for Uber Technologies Inc., didn’t immediately respond to an emailed request for comment on Friday. The company doesn’t provide figures on the total number of drivers in Turkey. As of 6:30 p.m. in Istanbul, the application showed no drivers available for pickup in the city center.