Uber’s China offices have been raided by police authorities as the result of a state-sanctioned crackdown on “illegal” and “unlicensed” businesses.
The $40bn start-up launched in the booming Chinese market in 2013, but has ruffled the feathers of transport authorities all over the world for its insistence on classifying itself as “information service provider” rather than a transport company, according to International Business Times.
A statement published in Guangzhou Daily newspaper claimed that police, transport and commercial officials were engaging in a “special campaign” against unlicensed and illegal businesses, such as Uber, which merely states it “collects fees on behalf of car Read full story ›
Source: The Drum
Industry News