By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechgoonduTechgoondu
  • Audio-visual
  • Enterprise
    • Software
    • Cybersecurity
  • Gaming
  • Imaging
  • Internet
  • Media
  • Mobile
    • Cellphones
    • Tablets
  • PC
  • Telecom
Search
© 2023 Goondu Media Pte Ltd. All Rights Reserved.
Reading: Uber to move Asia-Pacific HQ out of Singapore
Share
Aa
TechgoonduTechgoondu
Aa
  • Audio-visual
  • Enterprise
  • Gaming
  • Imaging
  • Internet
  • Media
  • Mobile
  • PC
  • Telecom
Search
  • Audio-visual
  • Enterprise
    • Software
    • Cybersecurity
  • Gaming
  • Imaging
  • Internet
  • Media
  • Mobile
    • Cellphones
    • Tablets
  • PC
  • Telecom
Follow US
© 2023 Goondu Media Pte Ltd. All Rights Reserved.
Techgoondu > Blog > Internet > Uber to move Asia-Pacific HQ out of Singapore
Internet

Uber to move Asia-Pacific HQ out of Singapore

Alfred Siew
Last updated: August 13, 2020 at 6:27 PM
Alfred Siew Published May 19, 2020
2 Min Read
SHARE
Back in 2019, a wall at Uber’s new Asia-Pacific hub in Singapore featured some iconic Hong Kong high-rise buildings. PHOTO: Alfred Siew

Barely a year after moving to its new Asia-Pacific headquarters in Singapore, Uber today said it is moving out of the country altogether and cutting some of its 120 staff here.

The ride hailing company had shown off its new regional hub at Frasers Place last year, keeping some of its operations here even though it had exited the Southeast Asian market in 2018.

The Singapore office is one of 45 offices around the world that Uber is closing, as part of its restructuring efforts. It is also slashing 3,000 jobs globally, in response to the coronavirus pandemic that has caused trip requests to drop by 80 per cent.

As part of its plans to leave Singapore in the next 12 months, the company will relocate to a market where it would provide services, according to a report on CNA.

It said that Uber would make a decision on the new headquarters’ location by end-July. A group of finance employees will stay on in Singapore but regional leaders would move to the new headquarters, according to CNA.

At its Singapore office opening last year, Uber was keen to show that it was a good corporate citizen happy to hire local talent, despite backlash from consumers for its merger with rival Grab.

Earlier, in March 2018, Uber had given up its Southeast Asian operations in exchange for a 27.5 per cent stake in Grab.

That deal led to a S$6.58 million fine from the competition commission later that year, after Uber was deemed to have made the market less competitive.

However, The Straits Times reported hours before the regional hub opening last year that the fine was being suspended, pending an appeal.

The appeal appears to be still in progress, according to the Ministry of Trade and Industry’s Competition Appeal Board website.

You Might Also Like

Beyond polls and editable messages, a few WhatsApp privacy, migration features we truly need

Submarine cable landings to double in Singapore in ambitious blueprint to stay ahead digitally

Amid worries of scam calls, fake QR codes, companies aren’t helping with poor practices

Singapore WhatsApp users can now make payments straight from the app

Rising prices and low wages? Ask how platform companies have reshaped the economy

TAGGED: Asia-Pacific HQ, job cut, ride hailing, Uber

Sign up for the TG newsletter

Never miss anything again. Get the latest news and analysis in your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Alfred Siew May 19, 2020
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link Print
Share
Avatar photo
By Alfred Siew
Follow:
Alfred is a writer, speaker and media instructor who has covered the telecom, media and technology scene for more than 20 years. Previously the technology correspondent for The Straits Times, he now edits the Techgoondu.com blog and runs his own technology and media consultancy.
Previous Article Citizens are wary of giving up personal data during Covid-19. It’s a good thing
Next Article Zero-interest, deferred payments for Dell Technologies server, storage and networking gear
Leave a comment

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow

Latest News

Beyond polls and editable messages, a few WhatsApp privacy, migration features we truly need
Internet Software June 7, 2023
Submarine cable landings to double in Singapore in ambitious blueprint to stay ahead digitally
Enterprise Internet Telecom June 6, 2023
Garmin Forerunner 965 review: Fully packed for serious fitness buffs
Mobile June 5, 2023
The best of Taiwanese innovation in cloud, AI, rollable screens and more at Asia Tech x Singapore
Audio-visual Enterprise Software June 5, 2023
//

Techgoondu.com is published by Goondu Media Pte Ltd, a company registered and based in Singapore.

.

Started in June 2008 by technology journalists and ex-journalists in Singapore who share a common love for all things geeky and digital, the site now includes segments on personal computing, enterprise IT and Internet culture.

banner banner
Everyday DIY
PC needs fixing? Get your hands on with the latest tech tips
READ ON
banner banner
Leaders Q&A
What tomorrow looks like to those at the leading edge today
FIND OUT
banner banner
Advertise with us
Discover unique access and impact with TG custom content
SHOW ME

 

 

POWERED BY READYSPACE
The Techgoondu website is powered by and managed by Readyspace Web Hosting.

TechgoonduTechgoondu
Follow US
© 2023 Goondu Media Pte Ltd. All Rights Reserved | Privacy | Terms of Use | Advertise | About Us | Contact
Join Us!

Never miss anything again. Get the latest news and analysis in your inbox.

Zero spam, Unsubscribe at any time.
 

Loading Comments...
 

    Welcome Back!

    Sign in to your account

    Lost your password?