Published: 10:42pm, 31 Jan, 2017 Updated: 8:46pm, 20 Jul, 2018
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 She argues that the existing law in Hong Kong on permits is outdated and needs to be relaxed to accommodate new firms like Uber.