#Asia Easy Taxi confirms exit from Asia: report

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The company will focus on Latin America where it seeks to fend off Uber

A tourist converses with a taxi driver in front of the Grand Palace in Bangkok, Thailand, on August 10, 2015. (Image credit: Somdul/Shutterstock.com)

A tourist converses with a taxi driver in front of the Grand Palace in Bangkok, Thailand, on August 10, 2015. (Image credit: Somdul/Shutterstock.com)

After a slew of exits from Asian cities in the past year, including Singapore most recently in September 2015, Easy Taxi has confirmed its complete withdrawal from the region, TechCrunch reports.

At its peak, the company, which is from Brazil, operated in 420 cities across 30 countries worldwide, including Hong Kong, Indonesia, India, Pakistan, Malaysia, Thailand and the Philippines.

With this move, EasyTaxi appears to be consolidating its presence in Latin America to fend off Uber, which is currently available in 67 countries globally.

The Rocket Internet-backed Easy Taxi has raised over US$77 million in funding since 2012.

Also Read: Easy Taxi scales down operations in Hong Kong, Indonesia and India

Image credit: Somdul/Shutterstock.com

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