Uber shuts down FlyTaxi, second metered cab platform it acquired in Hong Kong
Online ride-hailing giant Uber will close a second Hong Kong metered taxi platform that it acquired by the end of this year, just over six months after it bought out the business. Uber said on Friday that it would fully integrate the services on FlyTaxi into its own platform by the end of the year, saying it aimed to provide “optimal” support for drivers and users. “As part of this integration,…
Uber has announced plans to close the second Hong Kong metered taxi platform it acquired, FlyTaxi, by the end of this year. The acquisition of FlyTaxi, one of Hong Kong’s earliest taxi-hailing platforms, took place in May, with Uber aiming to integrate the local expertise with its technology. Drivers on the 13-year-old FlyTaxi app and their account balances will be fully refunded, and they are encouraged to switch to Uber for access to a larger client base and more earning opportunities.
FlyTaxi is the second local taxi-hailing platform to cease operations after being acquired by Uber, following the closure of HKTaxi in 2025 following its acquisition. Both FlyTaxi and HKTaxi were founded in 2013, a year before Uber entered the Hong Kong market. The closure of FlyTaxi comes amid new legislation to regulate and license the ride-hailing industry, requiring platforms to have a proven track record of handling at least 100,000 orders per day in two cities comparable in size to Hong Kong.
Secretary for Transport Mable Chan has set a cap on ride-hailing vehicle permits at 10,000, significantly lower than Uber's original proposal of 30,000.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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