Uber says Hong Kong ride-hailing cap ‘unusual’, insists it is here to stay

Uber has called Hong Kong's proposed cap on ride-hailing vehicle licenses "unusual" as the city finalizes its regulatory framework. Andrew Byrne, Uber's global head of public policy, visited Hong Kong to advocate for authorities to consider current demand when determining any license limit. This proposed ceiling has generated controversy, with some lawmakers suggesting between 10,000 and 15,000 licenses could be issued. Conversely, taxi groups contend that even a smaller number of licenses would be excessive and negatively impact their businesses.