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 10:42pm 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 She argues that the existing law in Hong Kong on permits is outdated and needs to be relaxed to accommodate new firms like Uber.
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 She argues that the existing law in Hong Kong on permits is outdated and needs to be relaxed to accommodate new firms like Uber.