TOPIC

/ company

Uber

Founded in 2009, Uber is a taxi-and-car-hailing app which operates in more than 449 cities and 66 countries. While its popularity has helped it grow to a multi-billion dollar valuation, it has faced pushback from authorities and protests from taxi drivers in multiple markets.

Chairman / President

Ronald Sugar

CEO / Managing Director

Dara Khosrowshahi

CFO / Finance Director

Prashanth Mahendra-Rajah

Industry

Technology (Ridesharing, Food Delivery)

Website

uber.com

Headquarters address

1515 3rd Street, San Francisco, CA 94158, USA

Stock Code

NYSE:UBER

Year founded

2009

Uber

More ride-hailing firms target Hong Kong amid licensing roll-out, Mable Chan says

Transport chief says more than 7,500 people have applied for new combined taxi and ride-hailing vehicle written test.

Chinese robotaxi firms see reduced red tape in Europe as deployment picks up

Baidu’s AI surge fails to stem quarterly revenue decline

China’s self-driving push gears up in Europe as Momenta, Pony.ai expand

Deutsche Bank raises its price target for Momenta while Pony.ai widens partnership with Uber to accelerate autonomous-vehicle roll-out in European cities.

Uber partners with Hong Kong firm to launch its first premium service outside US

Ride-hailing giant teams up with Kwoon Chung Bus to introduce Uber Elite, with lawmakers saying move won’t impact coming regulatory push.

Over 1,000 sign up for Hong Kong’s new taxi, ride-hailing test

Lawmakers say interest is likely to grow as the city prepares to fully launch its ride-hailing regulatory regime next year.

.css-1pcrwvc{color:#2aa191;}Opinion | The one voice Hong Kong can’t ignore on ride-hailing? The public

The government must keep its promise to review and adjust permit quotas – or face a backlash from commuters.

Is Hong Kong kicking the can down the road with ride-hailing quota?

Authorities expect 10,000-vehicle cap will meet demand but critics warn it may lead to shortages, higher fares and public dissatisfaction.

Hong Kong set to invite ride-hailing firms to apply for licences in August

Transport minister Mable Chan sets down timeline as lawmakers complete negative vetting for ride-hailing legislation.

Hong Kong watchdog orders removal of viral video allegedly showing singer David Lui

Privacy commissioner has instructed social media platform to remove clip of heated dispute inside ride-hailing vehicle.

Chinese ride-hailing giants back Hong Kong plan to cap permits at 10,000

Amap, Didi Chuxing support government’s proposed cap as part of new regulatory regime scheduled to be passed by lawmakers in July.

China’s e-commerce platforms help unlock global markets for South Korean brands

China’s cross-border platforms, which sell to millions of shoppers, are acting as a low-cost route to overseas customers in several regions.

Where will ride-hailing data go? Hong Kong eyes national security compliance

Transport minister Mable Chan says emphasis under coming regulatory framework must be on protecting data safety and national security.

Opinion | Hong Kong’s five-year plan must boost governance to ensure results

The challenge is not simply identifying problems. It is mustering the political will and building the capacity to overcome them.

Uber survey finds 90% of passengers deem 10,000-permit cap ‘very insufficient’

Survey of 10,009 passengers and 4,569 drivers highlights strong concern over cap, as firm steps up response to planned regulatory framework.

Hong Kong rules out favouring existing ride-hailing platform drivers for permits

Transport minister Mable Chan also reiterates 10,000 quota is prudent approach despite pressure from lawmakers for timetable to review cap.

Uber investigating after woman says driver went off route and locked doors

Passenger says she took Uber with two female friends from Central in early morning and driver left them fearing for their safety.

Firms spent heavily on AI. Now rising costs are outpacing its value

All this artificial intelligence spending was showing no noticeable increase in productivity, Uber’s chief operating officer says.

Taxi trade fears 10% could lose cabs as drivers gear up for ride-hailing

Industry leader Chau Kwok-keung estimates about 1,800 out of city’s 18,163 cabs will be repossessed by banks as owners fail to meet mortgage payments.

Ride-hailing cap of 10,000 ‘prudent’ start for Hong Kong, transport chief says

Mable Chan says government will dynamically adjust quota based on operational data, but she stops short of setting time frame for review.

Hong Kong sets ride-hailing permit cap at 10,000 under regulatory push

Applicants who have owned private car for certain period likely to be given priority under new regime.

Uber says Hong Kong ride-hailing cap ‘unusual’, insists it’s here to stay

Global head of public policy Andrew Byrne says Uber supports government plan to introduce regulations but existing demand should be considered.

Ride-hailing licence cap ‘must strike a balance’ in Hong Kong, John Lee says

Chief Executive says unique local conditions and passenger experience will determine city’s ride-hailing cap.

‘Several thousand’ ride-hailing licences won’t cover demand, advisory panel says

Transport Advisory Committee chairman says he expects initial level to be ‘somewhere around 10,000’ vehicle licences.

Opinion | Why set a limit for Hong Kong’s ride-hailing services?

The administration’s views on how to best regulate ride-hailing are mostly sound, with one glaring exception.

My Take | Passengers must not be left behind in ride-hailing debate

There is high demand for the platforms in Hong Kong. The priority must be to ensure that the service is good.

Editorial | Ride-hailing regulation must keep customers and operators in mind

Whatever cap the government sets on ride-hailing vehicles, it can adjust the number if it proves too cautious to meet user demand.

What Hong Kong’s planned ride-hailing regime could mean for your next Uber trip

Officials provide more information on enforcement powers, penalties and licensing arrangements – but little word on anticipated detail.

Opinion | The one voice Hong Kong can’t ignore on ride-hailing? The public