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.
