New Call Car App｜Singapore’s zero-commission online car-hailing platform TADA announced its entry into Hong Kong

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Legislative Council to discuss regulation today Support EJ Tech

The Hong Kong government has proposed issuing licenses to regulate online ride-hailing platforms. TADA, a zero-commission online ride-hailing platform headquartered in Singapore, has announced its entry into the Hong Kong market and plans to launch its platform in Hong Kong before the end of this year. It is expected that with the platform’s operating experience in highly regulated markets such as Thailand and Singapore, it will be able to provide Hong Kong passengers with fairer fares and allow drivers to obtain higher revenue shares. TADA CEO Sean Kim emphasized that he is confident that he will stand out from the competition.

TADA currently has operating licenses granted by the Singapore and Thai authorities. Sean Kim pointed out that Hong Kong has a booming economy, high population density, and citizens have a demand for reliable and efficient technology solutions, so the market development potential is huge. Although the market competition is fierce, the platform is still confident of establishing an important market position. It is currently looking for suitable important partner cooperation opportunities and will strive to establish close cooperation with policymakers, relevant government departments and industry organizations.

He also mentioned that he welcomes the Hong Kong government’s plan to regulate the online ride-hailing industry. As a licensed operator in Singapore and Thailand, TADA is well aware that a high-quality regulatory environment can promote innovation and development in the industry and society. It looks forward to sharing technology and compliance experience with Hong Kong and making positive contributions to Hong Kong’s future travel options.

The Liberal Party earlier interviewed more than 1,400 citizens through telephone and online questionnaires, of which 68.6% believed that the government should legislate to regulate online ride-hailing platforms, and 76.7% agreed that online ride-hailing private car drivers should be assessed and subject to legislative supervision; 64.2% also supported the government’s taxi fleet plan, 59.1% believed that the taxi fleet plan would help improve taxi services, and 56.1% said that if the plan to improve taxi services was implemented, they would switch to online taxi fleet services.

Legislative Council to discuss regulation today

Liberal Party legislator for the shipping and transportation sector, Yick Chee-ming, pointed out that the survey results reflect that the demand for online ride-hailing services stems from citizens’ dissatisfaction with taxi services. He believes that the government can first improve the quality of taxi services. If citizens agree that there has been an improvement after one year, then consider whether to legalize online ride-hailing services.

The Legislative Council’s Transport Panel will discuss and study the regulation of online ride-hailing platforms today. The Uber Hong Kong team submitted a letter of opinion to the Legislative Council, welcoming the government’s intention to regulate online ride-hailing platforms, believing that it can promote competition and thus improve quality, but suggested that the authorities should establish a new licensing framework or fully relax the requirements for taxi licenses and cancel quotas, because unlimited driver supply is more suitable for responding to changing needs at different times and locations.