Uber Technologies (NYSE:UBER) is ending its Uber Eats operations in Brazil, according to multiple media reports.
Both Reuters and Brazil Journal reported that the tech logistics company will end its food delivery service in South America's largest country, as of March 7.
Going forward, Uber (UBER) will focus on delivering services for stores in Brazil, including Cornershop, a supermarket delivery service it bought in 2019; Uber Flash, which delivers packages; and Uber Direct, a B2B logistics service.
Seeking Alpha has reached out to Uber (UBER) with a request for comment on this story.
Uber (UBER) shares were slightly higher on Thursday, gaining less than 1% to trade at $43.34.