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Uber, Didi prepare to seek Hong Kong ride-hailing licenses
๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong /Economy & Trade

Uber, Didi prepare to seek Hong Kong ride-hailing licenses

From Hong Kong Free Press · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified New plan
  • Ride-hailing companies Uber and Didi are preparing to apply for licenses under a new Hong Kong government scheme.
  • The new regulations aim to regulate the fast-growing ride-hailing industry, requiring both platforms and drivers to be licensed.
  • Operators must have a permanent Hong Kong office and demonstrate financial capacity, while drivers need a specific license to operate.

Ride-hailing services Uber and Didi are gearing up to apply for licenses under a new scheme launched by the Hong Kong government, marking a significant step towards regulating the rapidly expanding industry.

Uber confirmed its intention, stating, "We are preparing our application for a ride-hailing platform license with a firm commitment to delivering a safe, high-quality experience for passengers and strong support for driver-partners and the Hong Kong Government." The company's response came as the government officially opened applications for ride-hailing licenses on Friday morning.

This regulatory push follows the passage of a bill last October that established a licensing regime for the sector. Under the new rules, all ride-hailing platforms must secure a license to operate within Hong Kong. Additionally, ride-hailing drivers will require a specific license, with applications for the necessary written test having opened earlier this month.

We are preparing our application for a ride-hailing platform license with a firm commitment to delivering a safe, high-quality experience for passengers and strong support for driver-partners and the Hong Kong Government.

โ€” UberConfirming their intention to apply for a ride-hailing platform license in Hong Kong.

Didi, another major player in the ride-hailing market, has also indicated its intention to apply. The company welcomed the announcement of application details, emphasizing the importance of clear criteria for the regulatory framework's success. Didi plans to submit its application "as soon as possible."

The new legislation comes after years of ride-hailing platforms operating in a legal gray area, often frustrating traditional taxi services. The industry has faced accusations of impacting taxi drivers' livelihoods, leading to sustained pressure on the government to implement regulations. The new regime, set to be fully enforced by next August, includes substantial penalties for non-compliance, with fines up to HK$1 million and potential imprisonment for unlicensed operators, and driving disqualifications for unlicensed drivers.

The company said it would submit its application โ€œas soon as possible.โ€

โ€” DidiIndicating their intent to apply for a ride-hailing license promptly.
About this summary

Originally published by Hong Kong Free Press in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.