Uber CEO Indicted in South Korea - Hedge Fund Alpha (formerly ValueWalk Premium)

Uber CEO Indicted in South Korea

The magic spell Uber is able to cast over regulators to avoid the same requirements as taxi and livery services is ending in South Korea in harsh fashion. Uber CEO Travis Kalanick, along with the local Uber subsidiary, have been indicted by Seoul prosecutors. Uber’s CEO and South Korean operating unit indicted An Uber spokeswoman revealed that Kalanick and Uber’s South Korean operating unit were indicted by the Seoul Central District Prosecutors’ Office for violating a law prohibiting individuals or firms without appropriate licenses from providing or facilitating transportation. The move is likely a warning show across the bow of Uber,...

This content is exclusively for paying members of Hedge Fund Alpha

Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Get Started Now with a FREE 7-Day Trial🔻

If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.

Saved Articles