The Business Times
SUBSCRIBERS

Uber drivers in Taiwan face NT$25m in fines

Such large fines are unprecedented for Uber; key legislative hearing on the draft rules will be held on Wednesday

Published Tue, Dec 6, 2016 · 09:50 PM

Taipei

INVESTORS and companies are getting a preview of how the Taiwan government's plan to become "Asia's Silicon Valley" might fare.

Uber Technologies Inc, one of Silicon Valley's most disruptive companies and valued at more than US$60 billion, launched services in Taiwan in 2013. The app has been downloaded by more than a million people in four cities and its drivers number in the tens of thousands.

Just as in New York and other cities, it encountered fierce opposition from local taxi operators, who see the San Franci…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here