Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Uber May Be Hijacked in Seoul

uber in korea

As Uber celebrated its one-year anniversary operating in Seoul, the South Korean government might cause the ride sharing app to screech to a halt in the capital city. Uber has enjoyed wide appeal in Seoul and in other cities around the world and is expanding its service with UberX, which allows users to have registered cars to pick them up and communication is through text messaging. Uber is different from taxi-hiring apps, since it uses only private cars and its Black service provides private limousines.

Allen Penn, Uber’s head of Asia, said “We are very excited about bringing ride sharing to Seoul. UberX has become widely known in modern cities as a poster child for the sharing economy. This fills a need for the city of Seoul, where car ownership is high and residents lack options for a comfortable ride in the midst of daily traffic congestion.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Although Uber provides many advantages to individual customers and cities it serves, because traffic congestion and pollution are lessened with ride sharing, the South Korean government has declared that Uber’s service is illegal, and that only taxis can be hired for rides. A driver offering the service could face a fine of over $19, 000. It looks like things are uber risky in Seoul for this popular rides-sharing app.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News