Uber 's general manager in Hong Kong , Kenneth She Chun - dong , says the firm 's greatest growth hurdle is taxi company owners that sell their licences , worth around 500 m ( $ 850,620 ) each , as a commodity for investment rather than a tool for cab drivers . Therefore they see licensing as a threat to their interests . The firm is facing ongoing legal battles involving five Uber drivers charged with buying a car for hire without a license and driving without third - party insurance . She argues that the existing law in Hong Kong on permits is outdated and needs to be relaxed to accommodate new firms like Uber .
Uber's general manager in Hong Kong, Kenneth She Chun-chi, says the company's greatest growth hurdle is taxi company owners that view their licences, worth around HKD6.6m ($850,620) each, as a commodity for investment rather than a tool for cab drivers. Therefore they see Uber as a threat to their interests. The firm is facing ongoing legal battles involving five Uber drivers charged with using a car for hire without a permit and driving without third-party insurance. She argues that the existing law in Hong Kong on permits is outdated and needs to be relaxed to accommodate new firms like Uber.