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Uber Office Raided By Police In China, Accused of Running 'Illegal' Car Business
albert555 writes: Uber's curse keeps on striking after Uber's office in the southern Chinese city of Guangzhou was raided by authorities on the 30th of April 2015. Uber is accused of running an 'illegal' transport service, according to the Guangzhou Daily. Uber has been implanted in China since August 2013 and is suspected of not having the proper qualifications to run a private car business in the city. Following the recent German court ban two weeks ago, who will win the fight for private transportation? Long-term, established transportation companies with powerful lobbying arms or the newcomer making use of disruptive technology? Does Schumpeter's creative destruction also apply to the transportation sector?
>Following the recent German court ban two weeks ago, who will win the fight for private transportation? Long-term, established transportation companies with powerful lobbying arms or the newcomer making use of disruptive technology?
Timothy, have you gone full retard? The whole uber issue is that they break the law all over the world are un/under insured, time after time after time. This has nothing to do with "Long-term, established transportation companies with powerful lobbying arms". And neither do uber make use of disruptive technology, their system is the same or similar to many other systems, its just they have raised more VC than anyone else and spend a lot more money on advertising.