World Moto Inc (fka FARE)

[Jeep_Guy]

The issues UberMoto has are regarding licensing. They are not licensed as taxi operators.

In December last year, Uber’s founder Travis Kalanick launched UberMOTO in the south Indian city of Hyderabad. In March this year, both Uber and Ola had launched bike taxi services in Bangalore as well but had to halt operations days after the launch due to regulatory problems. The state government cracked down on the two companies on the ground that as per the Motor Vehicles Act, 1988 enforced in Karnataka, a two-wheeler is considered to be private transport and bike taxis need to be licensed for commercial use.

http://techcircle.vccircle.com/2017/01/05/exclusive-uber-puts-a-pause-on-bike-taxi-service-in-faridabad/

In order to beat competition and government regulations, towards the end of 2016, Uber entered into a strategic partnership with Indonesian taxi company, Express. The deal gave Uber access to Express’s fleet of more than 11,000 taxis and 17,000 drivers.

https://inc42.com/indonesia-startup-ecosystem/cab-aggregator-indonesia/

Authorities have pointed out that they were not opposed to technological advancements for public transportation, but both UberMoto’s operators and their privately-owned motorcycles lacked proper registration.

https://asiancorrespondent.com/2016/05/ubermoto-suspension-thailand/#vQpBGx34HBrgJC7X.97