‘Several thousand’ ride-hailing licences won’t cover demand, advisory panel says
An advisory panel has reported that the number of ride-hailing licenses issued is insufficient to meet current demand. This shortage could lead to increased wait times and reduced service availability for users. The panel emphasizes the need for more licenses to ensure adequate coverage in the market.
- ▪The advisory panel stated that several thousand ride-hailing licenses will not cover the existing demand.
- ▪Increased wait times and service availability issues are expected due to the shortage of licenses.
- ▪The panel has called for more licenses to be issued to improve market coverage.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at South China Morning Post.