Uber faces new battles in China, Hong Kong
The Hong Kong offices of popular ride-sharing app Uber were raided on Tuesday. Several employees were arrested and charged with running illegal taxi services and driving without proper insurance.
Authorities in China and Hong Kong have recently cracked down on what they term illegal car-hailing services, despite their growing popularity in the region. Licensed taxi drivers have also spoken out against the services, citing unfair lower wages and the inability to compete. In Wuhan, city taxi drivers staged a protest against such services by blocking downtown rush hour traffic with more than 700 taxis. Read more: money.cnn.com and shanghaiist.com