Prosecutors Seek 10 mln Won Fine for Uber Korea

SEOUL, March 22 (Korea Bizwire) – South Korean prosecutors on Wednesday demanded a 10 million won (US$8,900) fine for the local unit of app-based ride service provider Uber during a trial of its alleged illegal taxi business here. Travis Kalanick, founder and CEO of the U.S.-based taxi service Uber Technologies Inc., and its local unit [...]