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Property agents turn Uber drivers amid Singapore slump

...  provider Uber Technologies Inc. After failing to close any property deals in about half a year, Loh, 50, switched to driving and is earning on average S$3,000 ($2,115) a month, one-tenth of the up to ...More

EJ Insight2016-01-06

Hong Kong should make laws to cover these new technologies

...  sharing. Uber is not yet properly regulated in Hong Kong. I hope the authorities can discuss how to achieve a win-win situation, instead of overprotecting vested interests. It is traditional industri ...More

EJ Insight2016-01-05

Shenzhen taxi drivers stage strike in protest against Didi, Uber

Shenzhen taxi drivers went on a strike Monday in a protest against ride-hailing services such as Didi Kuaidi and Uber. Complaining that app-powered transport services are hurting the business of tradi ...More

EJ Insight2016-01-05

GM to invest US$500 mln in ride-sharing firm Lyft

...  Inc. and Uber Technologies Inc. -- Lyft's biggest rival -- to control cars of the future and likely reshape the global vehicle industry, Reuters reported. The No. 1 US carmaker's investment accounts ...More

EJ Insight2016-01-05

Taxi groups mull higher base fare request as Uber hurts income

Taxi operators in Hong Kong are considering filing a renewed application to the government to raise their flag-down fares as they face intense competition from car-hailing firm Uber, Headline Daily re ...More

EJ Insight2016-01-04

Taxi-hailing apps: To ban or to regulate?

Uber's meteoric rise in the past few years has sparked a string of controversies and lawsuits. Regulatory regimes and laws often lag behind technological advances. How to strike a balance between regu ...More

EJ Insight2016-01-01

Tech stocks have a tipping point -- where is it?

... ere. When Uber landed in Hong Kong, the early adopters gave it very positive reviews, then the comments spread by word of month. Will you go against the trend by calling a taxi through an old-fashione ...More

EJ Insight2015-12-31

Will Nicholas Yang tell us exactly which law Uber has broken?

During a tea break with the media last week, Nicholas Yang, the newly appointed chief of the Innovation and Technology Bureau, accused Uber of not cooperating with the Hong Kong government. By contras ...More

EJ Insight2015-12-30

Nicholas Yang needs to take a bold path with tech bureau

... g service Uber.  Yang, who had been a senior tech sector executive before he joined the government, told a media gathering that Uber is posing a challenge to Hong Kong's core value of rule of law. The ...More

EJ Insight2015-12-22

Uber's rival Lyft seeks up to US$1 bln in new financing

Lyft Inc, Uber's biggest competitor in the United States, is seeking up to US$1 billion in a Series F funding round, Reuters reported. The ride-hailing services firm is selling preferred stock to inve ...More

EJ Insight2015-12-22

US authorities said to be probing data breach at Uber

The US Justice Department has launched a criminal investigation into a data breach that occurred in May last year at ride-hailing service Uber, according to Reuters. Authorities are examining whether ...More

EJ Insight2015-12-21

Cloud to play critical role as business disruptor in 2016

... s such as Uber and Airbnb as well as global giants such as Apple and Ford, which continue to evolve and revolutionize the marketplace. Enterprises in Asia and around the world want to innovate, but as ...More

EJ Insight2015-12-19

Why quality internet stocks are worth investing in

... ention is Uber, the ride-hailing app that is disrupting the taxi industry. It has a valuation of US$62.5 billion. The revolution Uber is bringing to the taxi industry may be just part of its long-term ...More

EJ Insight2015-12-16

Uber and out?

... rs. Enter Uber. Your on-demand driver willing to take you to your destination come rain, traffic and peak hours. At a price. A gap in the market existed, it has now been filled. A million people use t ...More

EJ Insight2015-12-11

Uber drivers’ lawsuit over pay just got much costlier

Drivers seeking to be treated as employees of Uber Technologies Inc. won a ruling that adds tens of thousands of them to the case and may put hundreds of millions of dollars more at stake. A judge’s d ...More

EJ Insight2015-12-10

Uber, Singapore rival get green light in Jakarta

Uber Technologies Inc. has received the green light to operate its ride-hailing service in Jakarta after months of battling taxi companies and a police investigation. Transportation agency head Andri ...More

EJ Insight2015-12-09

US can’t afford sharp rise in interest rates

... nies like Uber and Airbnb. The sharing economy they have adopted encourages people to make full use of, and make profit from, existing resources, for example their cars and homes. In the new world of ...More

EJ Insight2015-12-05

Uber HK launches low-cost car-hailing service

Car-hailing company Uber launched on Friday a new service called UberX in Hong Kong, targeting budget-conscious commuters. The new service comes after police arrested some of its staff and drivers in ...More

EJ Insight2015-12-04

Uber said to seek new funding at US$62.5 bln valuation

Uber Technologies is seeking to raise up to US$2.1 billion in a financing round that will value the car-booking company at US$62.5 billion, Bloomberg News reported, citing people familiar with the mat ...More

EJ Insight2015-12-04

Worker protection in the gig economy

... skRabbit, Uber and Angie’s List. Freelancer.com and Upwork are examples of platforms that help companies find and hire contingent workers for a range of specialized tasks such as software or website d ...More

EJ Insight2015-11-30

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