South Korea justice says Uber disregarded ride law, latest reversal for U.S. firm


SEOUL A South Korean justice on Wednesday ruled that a ride-hailing organisation Uber Technologies Inc [UBER.UL] illegally used private vehicles for blurb purposes, in a latest authorised reversal for a U.S. organisation in Asia’s fourth biggest economy.

Uber’s operations in South Korea were not approaching to be impacted by a ruling, given it dangling a UberX use after prosecutors filed charges opposite a internal section in 2014 for violating a ride law, a association mouthpiece said.

Uber’s internal section has “admitted and repented” a bootleg act and resolved a issue, a decider during Seoul Central District Court pronounced in a ruling. The association was fined 10 million won ($8,863).

“Uber respects a court’s preference and we are looking brazen to strengthening a partnership with a supervision and portion riders, drivers and cities in Korea,” a association pronounced in a statement.

Uber’s South Korean section continues to offer a reward cab service, UberBLACK, and uberASSIST for seniors and people with disabilities, as those services do not use private vehicles, a mouthpiece said.

The U.S.-based association links users to both protected taxis and unlawful cars and drivers, a business indication that has faced authorised hurdles in several other cities opposite a world.

Uber’s investors embody Goldman Sachs (GS.N) and GV, before famous as Google Ventures (GOOGL.O).

(Reporting by Hyunjoo Jin; Editing by Randy Fabi)


About Author

Leave A Reply