Uber halts move of Asia HQ to Hong Kong
- As Hong Kong does not have any legislation enacted solely for regulating ride-hailing apps and it is illegal for vehicles that are not licensed as taxis, Uber has decided to move it headquarters from Hong Kong
- Moreover, the new security law from China has become a bone of contention
SINGAPORE : Uber Technologies Inc on Thursday halted a plan to move its Asian headquarters to Hong Kong in another business blow for the Chinese-ruled city, choosing to extend its stay in Singapore until at least December 2022.
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