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Uber muscles in on European parcel market

Published Wed, Feb 17, 2016 · 09:50 PM

    London

    EUROPE'S postal companies, already under pressure from Amazon, could soon face a challenge from Uber, which is moving into deliveries, and other startups.

    UberRUSH - run by Uber but connecting you to a courier rather than a taxi - and new entrants such as PiggyBaggy and Nimber, could dent the market share of operators such as Royal Mail, Deutsche Post and PostNL, equity analysts and investors told Reuters.