08-21-2017NEWS

It’ll now cost you up to 80% more to grab an Uber in Hong Kong

The company was forced to raise prices in the region after Hong Kong authorities evaluated Uber’s business practices, Reuters reports. Beginning today, fees for UberX and UberASSIST rides will start at $45 HKD ($5.75 USD)–a rise up to 80%. Uber says the price rise will mainly benefit the drivers themselves and in a statement said […]

BY Michael Grothaus

The company was forced to raise prices in the region after Hong Kong authorities evaluated Uber’s business practices, Reuters reports. Beginning today, fees for UberX and UberASSIST rides will start at $45 HKD ($5.75 USD)–a rise up to 80%. Uber says the price rise will mainly benefit the drivers themselves and in a statement said that the company is committed to their investment in Hong Kong.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More

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