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BackRide-hailing firms show interest in Hong Kong licence applications
Ride-hailing firms show interest in Hong Kong licence applications
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SCMP Economy3 hours agoBusiness1 min readChina

Ride-hailing firms show interest in Hong Kong licence applications

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Two to three ride-hailing firms have expressed interest in applying for licences under Hong Kong's new regulatory regime, Transport Secretary Mable Chan said, with requirements including a proven track record in cities over 7.5 million population and handling over 100,000 daily orders in at least two locations.

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Why It Matters

Hong Kong opened licence applications for ride-hailing services with nine requirements, including operational scale and legal compliance criteria.

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Several ride-hailing firms have expressed an interest in offering services under the new regulatory regime in Hong Kong, one day after the government opened licence applications setting out nine requirements, the transport chief has revealed.

Secretary for Transport and Logistics Mable Chan said on Saturday that two to three firms had expressed an interest in offering ride-hailing services, emphasising that operators were capable of meeting the requirements.

“Just one day after our announcement, at least two to three platform operators have expressed an interest in running the ride-hailing services. I hope they can apply soon,” she told a radio programme.

“We will hold a briefing session in mid-September to communicate directly with interested applicants. We expect the first batch of applicants can be approved in early December.”

Among the nine conditions, operators must have a proven track record of providing lawful services in cities with populations of more than 7.5 million and handling more than 100,000 daily orders in at least two locations.

Open Questions

  • Which specific firms have expressed interest?
  • What are the full nine conditions for licence approval?
  • How many licences will be issued in total?

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This article was originally published by SCMP Economy.

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