Overview
- Uber is relaunching in Macau through Uber Taxi, connecting riders only to licensed cabs as private-car services remain restricted under local law.
- A cross-border limousine option to Hong Kong is available, with trips requiring booking at least 24 hours in advance.
- The company has begun recruiting drivers in the city and is offering bonuses for early trips, with initial vehicle availability not disclosed.
- Macau’s shrinking taxi fleet has prompted officials to plan consultations, with a formal legislative process on ride-hailing rules expected to start next year.
- Investor reaction has been cautious, with shares showing a muted early lift before a later intraday decline during a broader market pullback.