The Hong Kong government needs to start to welcome these companies with arms more open than Singapore. It is embarrassing that Taxi’s in Shenzhen have eschewed cash for WeChat pay while in Hong Kong we are expected to pay in bills. How about some reform that helps balance the change to the taxi industry while giving it a kick in the pants so when the Chinese tourists come back Hong Kong meets their digital expectations.
“There is a real demand for ride-hailing services. The government should relax the regulatory regime to allow Uber to legally operate in Hong Kong. But it should also find ways to assuage the discontent of the taxi sector. For example, it could require Uber to pay a tax and make other requirements ,while providing some form of subsidies for taxis to offset their loss of income.”