How many ride-hailing permits should Hong Kong allow? That depends on who you ask

Hong Kong's Transport and Logistics Bureau is proposing a quota for ride-hailing vehicles, a move that has drawn varied reactions from industry stakeholders. The bureau submitted regulatory details to lawmakers on Monday, with the quota expected to be finalized and gazetted before the legislative summer recess in mid-July, pending approval. Ride-hailing platforms like Uber, Tada, and Amap, along with taxi trade leaders, have voiced concerns about the impending quota. Taxi groups argue that the current regulatory vacuum has created an unfair market for traditional taxis. The number of permits to be issued remains a point of contention, with the final figure dependent on ongoing consultations with stakeholders.