Hong Kong passes law to regulate online ride-hailing platforms

Cars travel down a road near a construction site, in West Kowloon, Hong Kong, Jul 2, 2015. - File photo: Reuters

HONG KONG: Hong Kong lawmakers passed a law on Wednesday (Oct 15) to regulate online ride-hailing services, aiming to resolve years of tension between licensed drivers and digital platforms.

The legislation introduces a formal framework for ride-hailing operators in the financial hub, including United States-based Uber, which launched services in Hong Kong in 2014.