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Uber to move regional headquarters to Hong Kong from Singapore

Amid city's tensions, ride-hailing company urges government to legalize services

Hong Kong taxi drivers have long lobbied against Uber's services in the city. The head of the Taxi Dealers and Owners Association says compensation should be made to drivers if the government legalizes the company's operations.   © Reuters

HONG KONG -- Uber Technologies, the U.S. ride-sharing company, said on Tuesday that it will move its Asia-Pacific headquarters to Hong Kong from Singapore despite regulatory and political uncertainties facing the city.

The decision comes after Uber earlier this month said that it will close 45 offices and lay off more than 3,000 workers globally amid economic weakness triggered by the coronavirus pandemic and renewed social unrest in Hong Kong over a Beijing-proposed national security law that critics believe will undermine the semi-autonomous city's freedoms.

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