Hailing an Uber in Hong Kong? A taxi might be cheaper

Publication: Quartz,

Uber often brags that hailing an UberX is “cheaper than a taxi.” But in Hong Kong, that’s no longer necessarily the case.

The ride-hailing company announced today a significant price hike in Hong Kong that raises minimum fares by as much as 80%. Going into immediate effect, the price hike creates a rare situation in which hailing an UberX (Uber’s standard, lowest-cost tier) becomes more expensive than taking a cab.

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