Uber has become one of the worlds most, if not the most, trusted private and known brands for transportation. With such convenience, why doesn’t Hong Kong allow it to operate on their lands?
For one, Uber follows the sharing economy model which the Hong Kong doesn’t seem to appreciate considering the other companies using the same platform like Airbnb also banned from Hong Kong.
This ultimately stems from Hong Kong not wanting to change their current taxi system. They know if Uber would be more of an interest for riders when deciding on transportation becasue of price and convenience. Currently, the value of a taxi license is around $6.5 million HKD each, which generates a lot of money for the government. If Uber becomes legal, the value of taxi licensees would drastically drop, which does not please the government.
It is a shame because Uber provides many locals a way to get a little extra cash, work more flexible hours, and be their own bosses. But these people are scared now to be Uber drivers becasue the government is cracking down on them with persecution and fines.
At least Hong Kong has overall great transportation including swift mini-buses, inexpensive taxis, and a punctual MTR system. The MTR is very convenient to use, especially when traveling to either our Wanchai or SheungWan locations!
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