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Uber May Deliver Latest Blow To European Parcel Firms


Ron Burgundy
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Photo illustration of logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street in MadridBy Atul Prakash LONDON (Reuters) - Europe's postal companies, already under pressure from Amazon, could soon face a challenge from Uber [uBER.UL], which is moving into deliveries, and other start-ups. UberRUSH -- run by Uber but connecting you to a courier rather than a taxi -- and new entrants like PiggyBaggy and Nimber, could dent the market share of operators such as Royal Mail, Deutsche Post and PostNL, equity analysts and investors told Reuters.




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