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Michael Tegos · · 1 min read

Brief: Uber broke the law in South Korea. It was fined $8,863.

Uber transportation

Photo credit: Tech in Asia.

  • Uber was found guilty of using private vehicles for commercial transportation in violation of South Korean law, a Seoul court ruled yesterday.
  • A spokesperson said the ride-hailing giant had suspended its private car-hire service UberX in 2014, when charges were filed against it.
  • Uber resolved the issue by paying a fine of 10 million won, or US$8,863. It continues to operate premium taxi service UberBlack and UberAssist, a service for people with disabilities and the elderly.
  • As legal headaches go, this is a fairly mild one for Uber, which is fighting off lawsuits and controversies back home in the US.

Source: Reuters

Editing by Judith Balea

(And yes, we’re serious about ethics and transparency. More information here.)

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Michael Tegos

A Greek in Asia, Michael is interested in startups in Singapore and beyond. Contact him on LinkedIn or on Twitter using the buttons above.