New | Uber exec hopes for 'smart regulation' of Hong Kong sharing economy following police raid

Speaking to the South China Morning Post, Uber north Asia general manager Sam Gellman said the firm – one of the fastest growing start-ups in the world, valued at over US$50 billion – was ready to sit down with the government anytime to talk and work through the regulatory process.

“Innovation and technology across all sectors can improve Hong Kong’s efficiency, liveability, and competitiveness – and how we enable and foster that is an important factor for any dynamic city to discuss,” said Gellman, who is responsible for Uber’s expansion in the region and officially launched the service in Hong Kong last year.

“A smart city must have smart regulations fit for a digital age, and we look forward to working closely with regulators towards developing a regulatory approach that enables more choice and innovation while putting the safety and interests of riders and drivers first."