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Uber abandons plan to move regional headquarters to Hong Kong
Uber has abandoned a plan to relocate its Asian-Pacific headquarters to Hong Kong from Singapore because of its inability to persuade the Hong Kong government to enact legislation for the ride-hailing industry.
In a statement issued Thursday, the U.S. company said that it will keep Singapore as a regional hub for the medium term and will continue with its efforts to seek legislation to regulate the ride-hailing business in Hong Kong.
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