
Uber says Hong Kong ride-hailing cap ‘unusual’, insists it is here to stay

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Uber has criticized Hong Kong's plan to cap ride-hailing vehicle licenses as 'unusual' and urged authorities to consider actual demand. The proposed cap has sparked controversy, with suggestions ranging from 10,000 to 15,000 licenses. Uber's global head of public policy emphasized the need for regulations that support consumer choice and driver incomes, while also highlighting the platform's role in providing flexible income for drivers. The regulatory regime is set for approval before the summer recess.
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