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Uber spat with Taiwan could force exit from market

Withdrawal would mark fresh setback for US ride-hailer in Asia

A street in Taipei. Uber has pulled out of Taiwan once before and faces new fare rules on ride-sharing. (Nikkei montage)

TAIPEI -- Uber Technologies says new regulations proposed by Taiwan could force the company to exit its most successful North Asian market, leaving it with a reduced presence in the region.

"We are seeing the government is changing the rules and we are not sure why," Emilie Potvin, Uber's head of policy for North Asia, told Nikkei Asian Review. "It becomes very difficult for our business to run properly."

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