In a previous article last month, I concluded that Uber's business model does benefit consumers but said the operations still need appropriate regulation. Now, I will put forward two suggestions as to ...More
EJ Insight2015-09-14
... inational Uber did. If Hong Kong wants to ride the tech boom, it has to get ready for it. This article appeared in the Hong Kong Economic Journal on Sept. 1. Translation by Alan Lee [Chinese version 中 ...More
EJ Insight2015-09-10
... ttle with Uber Technologies Inc., which is also raising money to expand in China. Didi Kuaidi boasts the backing of two of the country’s top internet companies, Alibaba and Tencent Holdings Ltd. Both ...More
EJ Insight2015-09-10
... operator Uber Technologies has also raised more funds for its China unit. Uber has raised US$1.2 billion so far from investors for its China unit, including an additional investment from strategic p ...More
EJ Insight2015-09-08
If there's Uber for taxis, there's microtransit for buses. The service involves private vans and buses which offer rides along fixed or flexible routes at a cost that is just a little more than public ...More
EJ Insight2015-09-04
... legal and Uber taxis that steal them from us. "The Hong Kong government took action against them, but ours has not, even though what they are doing is illegal. "I do not mind competition, but it must ...More
EJ Insight2015-08-31
Uber Technologies Inc. has closed early a US$1 billion fundraising round for its China unit. Investors include Hillhouse Capital, Asia’s biggest hedge fund, Chinese Internet giant Baidu Inc., China Ci ...More
EJ Insight2015-08-28
Rio de Janeiro became the latest city to move against Uber as its city council voted to ban unregulated ride-sharing services. Mayor Eduardo Paes must approve and sign the decision within 15 days to b ...More
EJ Insight2015-08-26
... irbnb and Uber becoming hugely popular, anything is possible for people like her. This is what keeps Ruth upbeat about her oddball approach. -- Contact us at [email protected] RA ...More
EJ Insight2015-08-22
This Uber row is really something and I sense it is about a great deal more than the problems of the taxi service because it exposes the crummy way government-organized monopolies conspire to deprive ...More
EJ Insight2015-08-22
... sition to Uber by Hong Kong taxi drivers is a typical example of how traditional interests get in the way of innovation. The next hurdle is the government. In fact, governments are often ambivalent ab ...More
EJ Insight2015-08-21
... he recent Uber controversies. So, is John Tsang a major roadblock when Leung aims to be more proactive? Judging from the Xinhua interview, apparently Leung believes so. Think about Leung’s failed prop ...More
EJ Insight2015-08-20
Indian private equity investor Tata Opportunities Fund (TOF) is buying into Uber for an unspecified sum, its first investment in a global company outside the country. The companies announced the deal ...More
EJ Insight2015-08-20
... models of Uber and GoGoVan can be effectively applied to relief efforts for natural disasters, it would definitely spell the end of the golden age of large international NGOs like the Red Cross. This ...More
EJ Insight2015-08-19
... operator Uber would have been welcomed by the government rather than be subjected to police raids and arrests amid allegations that it is operating an unlicensed business in the city. Some people sti ...More
EJ Insight2015-08-18
Some drivers of car-hailing service provider Uber Technologies are now said to be in a dilemma. They claim that they have not been paid their share of fares for taking customers, and that they aren't ...More
EJ Insight2015-08-18
The Lion Rock Institute, a think tank that promotes free-market thought, has urged authorities to lend a helping hand to Uber, pointing out that more competition will help improve service quality in t ...More
EJ Insight2015-08-17
A top adviser to Chief Executive Leung Chun-ying has thrown his support behind the Uber car-hailing platform, saying it represents a truly innovative business model that goes beyond offering taxi serv ...More
EJ Insight2015-08-17
After the arrest of several Uber drivers, the police carried out a massive raid on the company headquarters a few days ago and arrested three staffers and another five drivers. A police spokesperson l ...More
EJ Insight2015-08-17
In Hong Kong, there are three Uber services available, Uber Black, Uber Taxi and Uber Van. Uber taxi is similar to licensed taxi and it charges based on the meter. Uber Van is quite similar to GoGoVan ...More
EJ Insight2015-08-15
