Seoul plans to ban Uber and launch its own taxi app

Uber's days in South Korea may be numbered. The city of Seoul has announced plans to ban the taxi-hailing app, citing concerns that the company threatens the livelihood of the city's taxi drivers. As a replacement, the city government plans to roll out its own GPS-based app by the end of the year, offering Seoul's citizens a similar experience without the predatory reputation that has dogged Uber in the past. "Comments like these show Seoul is in danger of remaining trapped in the past," the company said in a statement.

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