Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Uber and taxi sector among businesses struggling in Hong Kong as people stay off the streets over coronavirus fears

Driver earnings halved over past two weeks, with Hong Kong Island the worst hit as firms allow employees to work from home and fewer eat out. Taxi union chairman appeals to government to ramp up mask supply to restore confidence, as well as provide aid for industry

Popular ride-hailing service Uber in Hong Kong has joined a list of businesses hammered by the coronavirus outbreak, with its passenger numbers taking a nosedive in the past two weeks as most people stay off the streets.

CEO Dara Khosrowshahi recently told the Canadian press that its Hong Kong business had been adversely affected by the health crisis. “We are not seeing a significant effect on the business overall, [but the impact] is in North Asia. For example, business in Hong Kong ... is down significantly.”

Uber’s Hong Kong office declined to comment on the matter.

Sam Chui, 56, an Uber driver who works at a law firm, said his income from the ride service was halved in the past two weeks, with fewer people willing to travel around.

“There are two major impacts. First, there have been fewer people travelling to the airport due to the sharp drop in the number of tourists and local travellers,” he said.

“The second is that there’s no school for both teachers and students, while most office staff work from home. The streets are all empty with people staying indoors. The only good thing is that the roads in Hong Kong are now free of congestion.”

Chui said that before the outbreak he could easily earn more than HK$2,000 (US$258) a day on weekends and over HK$1,000 on weekdays.

“The Uber ride orders have been greatly reduced. I know of one Uber driver being online for four hours without getting an order,” he said.

Chui said his ride-hailing service was largely unscathed by the months-long civil unrest sparked by the now-withdrawn extradition bill, but it had succumbed to the coronavirus outbreak.

“During the protest days, there was a surge in demand for Uber rides, with prices going up. Ironically the protests brought a positive effect for Uber [with MTR closures and bus routes diverted]. But this time it is different.”

Another Uber driver Mark Chan, 32, also said his business was down by up to 40 per cent over the past two weeks. From an average of more than HK$1,400 a day initially, he now makes about HK$1,000 daily.

“The hardest-hit district is Hong Kong Island, where the number of riders has been greatly reduced. It may be due to the fact that a lot of firms now allow their staff to work from home. People also don’t have the mood for dining out and shopping,” he said.

Chan said he had no choice but to bite the bullet. “We all hope that this difficult time will be over soon.”

The drivers’ woes come against the backdrop of Uber not being allowed to operate legally in the city. Hong Kong’s population of more than 7 million people is served by 18,163 licensed taxis.

The already struggling taxi sector has also been dealt a blow by the outbreak.

Chau Kwok-keung, chairman of the Hong Kong Taxi and Public Light Bus Association, said taxi drivers saw their income drop by half over the past two weeks.

“Before the outbreak, taxi drivers could make about HK$1,400 per day before rent and fuel cost. Now they can only make about HK$700. Deducting vehicle rent and fuel, they only pocket about HK$200 to HK$300 daily. I think their salary is only slightly more than the minimum wage now,” he said.

He added that about 15 per cent of cabbies were afraid of being infected with the deadly disease, and had opted to suspend work. “They’d rather earn less than risk their health,” he noted.

Chau called on the government to ensure enough surgical masks for society and to increase fuel subsidies for the public transport sector to ride out the hard times.

“The taxi business has been very miserable over the past few weeks. The government needs to ensure sufficient supply of masks for Hong Kong people so they feel at ease going out to work, eat or shop. It also needs to offer immediate financial aid to taxi drivers. Then there’s a chance for the economy to recover,” he said.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
French National Assembly Overrides Senate to Pass Historic Assisted-Dying Legislation
Spanish Prime Minister's Wife Ordered to Stand Trial as Corruption Probes Encircle Governing Party
Zelensky Faces Kyiv Protests Over Ousting of Dynamic Ukrainian Defense Minister
Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Spain and UK Dismantle Gibraltar Border Following Landmark Schengen Integration Treaty
Hungary's "Puppet" President to Be Ousted, Orbán Fumes: "Democracy Is Dead"
Forget Tinder: The Surprising Platform Where People Find Love
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
×