Uber backs away from Hong Kong offer, decides to keep its Asia-Pacific headquarters in Singapore

In May, the ride-hailing firm said it was ready to move its office to Hong Kong if it was allowed to operate in the city legally. But on Thursday it said it had not received the required level of certainty from the Hong Kong government. — SCMP

Uber has decided to keep its regional headquarters in Singapore for the medium term, backing away from its earlier offer to move the office to Hong Kong, if the ride-hailing firm was allowed to operate there legally.

In a statement issued on Thursday, Uber said in May it was ready to move its Asia-Pacific headquarters to Hong Kong if it saw progress on ride-sharing regulations.