Acquisition Automobile Economy Hong Kong Mobile Technology
In a statement on Friday, Uber said that its acquisition of FlyTaxi was part of its commitment to help grow the taxi industry and provide “greater economic opportunities” for drivers. It also said that FlyTaxi would continue to operate as normal and that nothing would change for drivers and riders using either the app for Uber or the home-grown taxi-hailing service. “Uber has been investing in Hong Kong’s taxi industry for well over a decade, and this acquisition partnership reinforces our deep commitment to the city,” said Estyn Chung, general manager of Uber Hong Kong. “By combining FlyTaxi’s local expertise…
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