Date
20 September 2017
Uber said the price hikes will benefit drivers as they pocket most of the fares. Photo: AFP
Uber said the price hikes will benefit drivers as they pocket most of the fares. Photo: AFP

Uber hikes HK rates by up to 80% amid legal troubles

Uber Technologies Inc. on Monday raised its Hong Kong fees by up to 80 percent after a review of its business in the city, Reuters reports, citing the ride-sharing company.

The San Francisco-based firm, which recently suspended its services in the neighboring Chinese city of Macau for the second time, told the news agency the price rise would benefit drivers as they pocketed most of the fares.

From Monday, fees for UberX and UberASSIST rides rose by up to 80 percent to start at HK$45 (US$5.75), and a ride with the pricier UberBLACK would start at HK$65 instead of HK$50.

The company said in a statement the adjustments were “based on an evaluation of the marketplace in Hong Kong”.

Hong Kong authorities have clamped down on Uber’s operations multiple times, with the latest crackdown in May when police arrested 21 drivers for illegal car-hiring.

A Hong Kong court found five Uber drivers guilty of the crime in March and fined them HK$10,000 each. Uber has said it would help the drivers to appeal and criticized authorities for failing to keep up with innovation.

“We are committed to continue our investment here in Hong Kong,” the company said in its statement.

Hong Kong is not the only Asian city where the company has run into regulatory problems, as it also faces legal scrutiny in Korea, Japan and Taiwan.

– Contact us at [email protected]

CG

EJI Weekly Newsletter

Please click here to unsubscribe