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World News by Wild Rose

#Uber ร—

Uber to buy cab-ordering platform FlyTaxi ahead of ride-hailing regulation

Uber has announced it is acquiring the Hong Kong-based online cab-hailing platform FlyTaxi to expand its taxi services, ahead of the implementation of a regulatory regime for ride-hailing services later this year. In a statement on Friday, Uber said that its acquisition of FlyTaxi was part of its commitment to help grow the taxi industry and provide โ€œgreater economic opportunitiesโ€ for drivers. It also said that FlyTaxi would continue to operate as normal and that nothing would change for...