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HK judge: Uber’s operations ‘well within mischief’ covered by law, drivers did indeed violate permit regulations
Explaining court’s refusal to overturn convictions of 24 drivers, judge Joseph Fok argues decades-old laws governing carriage of passengers do apply to Uber’s model. Fok reasons Uber drivers still violated statute, even if they ‘have no separate agreement with the passengers being carried’.
Coworking space firm WORQ secures RM10m funding
KUALA LUMPUR: Coworking space firm WORQ has secured RM10mil in funding from seven follow-on investors, including the regional investment group Phillip Capital.
China’s Didi, BYD to launch co-designed ride-hailing EV, sources say
China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, a person familiar with the matter said.
Uber Hong Kong driver numbers surge during Covid-19 crisis, as demand rises for trips, deliveries
Hard-up residents turn to the service, looking to cash in on demand for trips increasing by nearly a third among app users. Number of Uber Eats drivers doubled during Hong Kong’s second wave of infections, which forced tough social-distancing curbs on the city.
Amazon drivers are hanging smartphones in trees to get more work
A strange phenomenon has emerged near Amazon.com Inc delivery stations and Whole Foods stores in the Chicago suburbs: smartphones dangling from trees.
Chinese city regulators suspend Didi’s new ride-hailing service
Local city regulators in China have asked Didi Chuxing to suspend its new standalone ride-hailing service, citing a lack of operating licenses for the platform in their regions.
Ride-hailing services now more popular with Vietnamese
HANOI (Vietnam News/ANN): The number of Vietnamese using ride-haling services has increased rapidly in recent years, signalling the potential for the development of the sharing economy in the country.
China is home to four of the world’s five largest unicorns, led by Alibaba’s Ant Group
Ant Group, the digital financial services arm of Alibaba, had a US$150bil valuation to top the rankings of this year’s Hurun Global Unicorn Index. The total value of all known unicorns in the world is US$1.9tril, equivalent to the GDP of Italy.
Uber, Lyft drivers are employees, says California regulator
Drivers working for ride-hailing services such as Uber Technologies Inc and Lyft Inc will be considered employees under California's new gig worker law, the state's leading industry regulator said on June 11.
The Covid-19 pandemic has altered carmakers’ driverless plans. Here’s how.
The coronavirus pandemic is proving to be yet another obstacle for the self-driving and ride-sharing movement, delaying the widely touted arrival of next-generation automotive technology.
