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Transportation

Uber Performs U-turn on Macau Exit Plan (reuters.com) 31

Reuters reports:Global ride-hailing company Uber Technologies has aborted plans to pull out of Macau, citing support from residents in the Chinese-ruled gambling hub. Uber launched in Macau less than a year ago but announced at the end of August that it would withdraw from the former Portuguese colony because its drivers faced total fines of 10 million patacas ($1.25 million). The Macau government has taken a firm stance against Uber, with Secretary for Security Wong Sio Chak stating that the service violated local laws. "After much deliberation, Uber will continue to serve the riders and drivers of Macau, the company said in a statement on its website. "The unprecedented amount of support we received over the past few weeks has been overwhelming."
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Uber Performs U-turn on Macau Exit Plan

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  • Will uber pay to bail drivers out?

    • by ADRA ( 37398 )

      No, like all good internet companies, they'll flagrantly break local laws from outside their borders with no repercussions.

  • Now that is an interesting concept! I wonder if you have to be a citizen if you want to open a brothel..

    I am also interested to see how Uber will fare against Chinese guns if the government decides to enforce its laws.

    Uber "Technologies" is kind of a misnomer. They are more of a overvalued hedge fund than anything else.

    • Uber "Technologies" is kind of a misnomer. They are more of a overvalued hedge fund than anything else.

      They lost a billion dollars last year, so not the best hedge fund ever. And no other traits of a hedge fund.

      What they are is a tech startup that has created an efficient market that is disruptive to an extant rigged market. Listen here [freakonomics.com] - you'll learn something, guaranteed.

    • Uber "Technologies" is kind of a misnomer. They are more of a overvalued hedge fund than anything else.

      Uber is not a tech company. It's a lobbying company. Anybody can clone its app. Its strength is to make politicians change laws to accept Uber, and/or operate illegally without too much problems.

  • There customers want it and that is all that matters.
    Join the Brave Pimps , Traffickers, and drug dealer.

  • by account_deleted ( 4530225 ) on Friday September 09, 2016 @11:58AM (#52855433)
    Comment removed based on user account deletion
    • by Xyrus ( 755017 )

      Please call them what they are : a taxi company.
      No need to repeat their marketing drivel.

      They're not even a taxi company. They're a contracting service. They match independent contractors (drivers) with riders. The contract drivers agree to is so bad you'd have be blind and/or stupid to accept it. The drivers would actually be better off just working for a real taxi company. At least then they're aren't wrecking their own cars while making pennies on the dollar after expenses and taxes.

    • Yes, "ride-hailing" doesn't work. Also, hailing implies the visual flagging down of the Uber car on the street, which Uber drivers are not allowed to respond to.

      A more accurate label is ride-sharing. After all, taxi cabs do not pick up different people who do not know each other at different points on a route to share part of their journey. That is more like airport shuttles, or buses, except unlike airport shuttles or buses, Uber/Lyft does the matching of riders in real-time.

    • Please call them what they are : a taxi company.
      No need to repeat their marketing drivel.

      Organized crime? If they don't register as a taxi company and organizing drivers breaking local laws they are just organizating crime.

  • by Misagon ( 1135 ) on Friday September 09, 2016 @12:58PM (#52856047)

    Uber is not a tech company, whatever they claim.

    Sure, their business may be driven by an app and a server "cloud" backend - but so do lots of other businesses. It is nothing special about it - and it is definitely not nerdy.

    So please, Slashdot, please stop giving this cheap taxi service more free publicity!

  • Macau is not the place I would find Uber to be of any real benefit and I don't understand why they operate here. This administrative region of China is tiny. 13km on it's longest length, but most of the population live and work on the northern island which is 4km across. I walked from the Chinese mainland border to the beach on the very south of Macau in under 2 hours. I took a taxi back to the hotel near the border and that only cost me ~$7USD. There's busses as well which can get you pretty much everywher

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