Hong Kong authorities have set a cap of 10,000 vehicles for ride-hailing service permits, marking a key step in their long-running effort to establish a regulatory framework, with applicants who have owned a private car for a certain period likely to be given priority. In a paper submitted to the Legislative Council on Tuesday, the…
Uber has described Hong Kong’s plan to cap the number of ride-hailing vehicle licences as “unusual”, as the city enters the final stage of shaping its regulatory regime for the service. Andrew Byrne, the company’s US-based global head of public policy, was in Hong Kong on Thursday, and urged authorities to consider existing demand when…
Uber Hong Kong has warned that a proposed cap of up to 15,000 ride-hailing permits could trigger a 70 per cent increase in fares and result in 40 per cent of peak-hour bookings being unsuccessful. Secretary for Transport and Logistics Mable Chan stressed on Tuesday that the government did not currently have a “specific preference”…
Uber has announced it is acquiring the Hong Kong-based online cab-hailing platform FlyTaxi to expand its taxi services, ahead of the implementation of a regulatory regime for ride-hailing services later this year. In a statement on Friday, Uber said that its acquisition of FlyTaxi was part of its commitment to help grow the taxi industry…
Travellers in Hong Kong can now book door-to-door limousine rides to Macau through Uber, with analysts expecting the new service – which costs up to HK$3,500 (US$448) per trip – to appeal to more than just well-heeled customers. Analysts said the new service could find favour with business travellers as well as fans travelling in…