Print Edition - 2017-04-27  |  Money Digest

Uber fined in South Korea

- AFP, SEOUL

Apr 27, 2017-

Uber’s local unit in South Korea was fined on Wednesday for operating an illegal taxi service, in the US firm’s latest brush with authorities. The smartphone ride-hailing app started its service in Seoul in 2013, sparking angry protests from South Korean taxi drivers. The firm’s global CEO Travis Kalanick and its local unit were indicted for violating a law on passenger transport services after the Seoul city government claimed Uber’s operations raised passenger safety issues. The Seoul Central District Court said on Wednesday the company had admitted the charges but had modified “issues that were in violation of the law” and had since been operating legally, 

according to Yonhap news agency. It fined the firm 10 million won ($8,900). 

Published: 27-04-2017 10:16

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