Uber performs U-turn on Macau exit plan

Global ride-hailing company Uber Technologies has aborted plans to pull out of Macau, citing support from residents in the Chinese-ruled gambling hub. Uber launched in Macau less than a year ago but announced at the end of August that it would withdraw from the former Portuguese colony because its drivers faced total fines of 10 million patacas ($1.25 million). The Macau government has taken a firm stance against Uber, with Secretary for Security Wong Sio Chak stating that the service violated local laws.

Original story here.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply