Ride-sharing company Uber Technologies will halt operations in Macau from Saturday, complaining it has not been able to unlock the full benefits of its services.
This is the second time Uber has halted operations in Macau and is another blow to a firm facing legal woes in various Asian markets.
Uber made a call to quit Macau last year after steep fines were imposed on its drivers. But the firm decided to make a U-turn in September and to stay on, citing support from residents. Even now, Uber is not ready to say it will not try again. "We are already exploring ways to serve the city and have had initial discussions with business partners, including transport operators and hotels," it said yesterday.
Macau is not a big market for the US firm, but it adds to the list of places where Uber has hit regulatory problems.
It continues to face a legal struggle in Hong Kong and is also out in the cold in countries including Japan and South Korea.