Date
21 January 2017
Government adviser Nicolas Yang said Uber represents a truly innovative business model. Photo: HKEJ
Government adviser Nicolas Yang said Uber represents a truly innovative business model. Photo: HKEJ

Top government adviser backs Uber business model

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 service.

Nicolas Yang Wei-hsiung the chief executive’s innovation and technology adviser and a non-official member of the Executive Council, said Uber’s model is so innovative that it brought a great amount of capital to the company without the purchase of solid assets, the Hong Kong Economic Journal reported.

Yeung’s remarks came after police launched a crackdown on the company, arresting several drivers and staff, amid complaints from taxi operators that it has been operating without license and insurance coverage.

Lion Rock Institute, a local think tank, issued a petition on Sunday, urging the government to relax rules barring the use of private vehicles for general passenger transport.

Earlier, it released a survey showing that about 70 percent of 554 passengers had been refused a ride by taxi drivers while about 85 percent experienced at least once over the past six months not being able to catch a cab in 15 minutes.

Only 21 percent of the respondents were satisfied with existing taxi services and taxi drivers’ attitude, the survey showed.

Meanwhile, the Consumer Council warned that there are insurance issues and other grey legal areas in the operation of taxi-hailing platforms.

[Chinese version中文版]

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