Sarah Zheng

Jul 9, 2024 | finance.yahoo.com | Sarah Zheng |Phila Siu

(Bloomberg) -- Hong Kong outlined long-anticipated but vague plans to regulate ride-hailing services, creating uncertainty over Uber Technologies Inc. operations in a city infamous for the poor quality of local taxi services.

Jul 9, 2024 | thestar.com.my | Sarah Zheng |Phila Siu

Hong Kong outlined long-anticipated plans to regulate ride-hailing services, potentially limiting the scope of Uber Technologies Inc in a city known for its poor taxi services. Authorities intend to license platforms such as Uber and adopt tougher penalties for rule breaking, the Transport and Logistics Bureau said in a paper published on Monday. Taxi services would be improved through the introduction of so-called premium fleets, it said.

Jul 9, 2024 | yahoo.com | Sarah Zheng |Phila Siu

Sarah Zheng and Phila SiuJuly 8, 2024 at 9:26 PM·4 min read(Bloomberg) -- Hong Kong outlined long-anticipated but vague plans to regulate ride-hailing services, creating uncertainty over Uber Technologies Inc. operations in a city infamous for the poor quality of local taxi services.

Jul 8, 2024 | bloomberg.com | Sarah Zheng |Phila Siu

Hong Kong outlined long-anticipated plans to regulate ride-hailing services, potentially limiting the scope of Uber Technologies Inc. in a city known for its poor taxi services. Authorities intend to license platforms such as Uber and adopt tougher penalties for rule breaking, the Transport and Logistics Bureau said in a paper published on Monday. Taxi services would be improved through the introduction of so-called premium fleets, it said.

Jun 19, 2024 | bloomberg.com | Sabrina Mao |Sarah Zheng |Jane Zhang

China’s shoppers are getting wooed this week like never before. The country’s biggest internet firms are pulling out all the stops during the annual “618” shopping festival, in a bid to shake off the industry’s post-Covid malaise and return to something like the rah-rah years before 2020. Alibaba Group Holding Ltd. is offering 50% off Lululemon apparel, while rivals like ByteDance Ltd. and PDD Holdings Inc. advertise steeper-than-ever discounts.