Providing market intelligence for more than 35 years

VentureBeat

In this week’s war on Uber, Seoul government seeks ban

But Seoul is not alone in opposing Uber. Brussels and Berlin, for instance, have banned the service, and there have been anti-Uber demonstrations by taxi unions in New York City and Washington, DC, as well as cities in China and Europe.

“This temporary setback in Asia and Europe is not new to Uber as it faced similar situations before in the U.S. cities,” Parks Associates analyst Harry Wang told us. “These bans and disputes may be just temporary in nature and a bargaining chip to have Uber sit down in order to find a long-term solution.”

From the article, "In this week’s war on Uber, Seoul government seeks ban" by Barry Levine.

Previously In The News

CBS to Aereo: talk to us, but bring your checkbook

“It’s not going out without a fight,” Parks Associates Research analyst Glenn Hower told us. He pointed out that, before the court decision, Aereo said it had no Plan B. “Obviously, they do,” H...

Quick, wearables, hide! The ads are coming …

“I expect [that] some smartwatch manufacturers will differentiate their products on the basis of a no-ad product,” Parks Associates’ senior analyst Jennifer Kent told us. She also suggested tha...

Barnes & Noble CEO: ‘Nook is a business that’s changing’

When Nook e-book reader was introduced in late 2009, it was beset by so many issues it seemed a classic of a troubled launch. The company worked to fix its most glaring problems, but couldn’t quite...

Chromecast usage drops in the U.S. as streaming media settles in

Last July, Google’s Chromecast made a big splash. Now, new data indicates that usage is dropping as the novelty wears off even as streaming media devices in general have taken hold in the United St...