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Latest news with #IntermediationBusinessLicence

InDrive Malaysia says engaging with relevant authorities after receiving notice of revocation
InDrive Malaysia says engaging with relevant authorities after receiving notice of revocation

The Star

time03-05-2025

  • Automotive
  • The Star

InDrive Malaysia says engaging with relevant authorities after receiving notice of revocation

KUALA LUMPUR: InDrive Malaysia said it "is currently engaging with the relevant regulatory authorities to seek further clarification following a recent notice of revocation by the Land Public Transport Agency (APAD)". The global ride-hailing company said it has "proactively reached out to the relevant agencies to understand the situation better and take the necessary actions" to ensure the continuity of its services in Malaysia. "We are committed to providing safe, reliable and accessible mobility solutions to the tens of thousands of people across Malaysia who rely on our platform every day. As a global mobility and urban services platform, inDrive operates with the highest regard for local laws, regulations, and the communities we serve. "We will provide updates once we have received further clarity from the authorities. We thank you for your understanding and continued support," it said in a statement to Bernama. According to a news report, APAD has given inDrive a three-month deadline to return its Intermediation Business Licence (IBL) following the company's failure to comply with regulations introduced in 2019. The action against inDrive also marked the second termination notice involving a Russian-founded e-hailing service following Maxim's in 2023. — Bernama

Second Russian ride-hailing app inDrive faces licence revocation in Malaysia, vows to keep services running
Second Russian ride-hailing app inDrive faces licence revocation in Malaysia, vows to keep services running

Malay Mail

time03-05-2025

  • Automotive
  • Malay Mail

Second Russian ride-hailing app inDrive faces licence revocation in Malaysia, vows to keep services running

KUALA LUMPUR, May 3 — InDrive Malaysia said it 'is currently engaging with the relevant regulatory authorities to seek further clarification following a recent notice of revocation by the Land Public Transport Agency (APAD).' The global ride-hailing company said it has 'proactively reached out to the relevant agencies to understand the situation better and take the necessary actions' to ensure the continuity of its services in Malaysia. 'We are committed to providing safe, reliable and accessible mobility solutions to the tens of thousands of people across Malaysia who rely on our platform every day. As a global mobility and urban services platform, inDrive operates with the highest regard for local laws, regulations, and the communities we serve. 'We will provide updates once we have received further clarity from the authorities. We thank you for your understanding and continued support,' it said in a statement to Bernama. According to a news report, APAD has given inDrive a three-month deadline to return its Intermediation Business Licence (IBL) following the company's failure to comply with regulations introduced in 2019. The action against inDrive also marked the second termination notice involving a Russian-founded e-hailing service following Maxim's in 2023. — Bernama

InDrive Malaysia says engaging with relevant authorities after licence revoked
InDrive Malaysia says engaging with relevant authorities after licence revoked

New Straits Times

time02-05-2025

  • Automotive
  • New Straits Times

InDrive Malaysia says engaging with relevant authorities after licence revoked

KUALA LUMPUR: InDrive Malaysia said it "is currently engaging with the relevant regulatory authorities to seek further clarification following a recent notice of revocation by the Land Public Transport Agency (APAD)." The global ride-hailing company said it has "proactively reached out to the relevant agencies to understand the situation better and take the necessary actions" to ensure the continuity of its services in Malaysia. "We are committed to providing safe, reliable and accessible mobility solutions to the tens of thousands of people across Malaysia who rely on our platform every day. "As a global mobility and urban services platform, inDrive operates with the highest regard for local laws, regulations, and the communities we serve. "We will provide updates once we have received further clarity from the authorities. "We thank you for your understanding and continued support," it said in a statement to Bernama. According to a news report, APAD has given inDrive a three-month deadline to return its Intermediation Business Licence (IBL) following the company's failure to comply with regulations introduced in 2019. The action against inDrive also marked the second termination notice involving a Russian-founded e-hailing service following Maxim's in 2023. – Bernama

inDrive Malaysia says engaging with relevant authorities after licence revoked
inDrive Malaysia says engaging with relevant authorities after licence revoked

The Sun

time02-05-2025

  • Automotive
  • The Sun

inDrive Malaysia says engaging with relevant authorities after licence revoked

KUALA LUMPUR: inDrive Malaysia said it 'is currently engaging with the relevant regulatory authorities to seek further clarification following a recent notice of revocation by the Land Public Transport Agency (APAD).' The global ride-hailing company said it has 'proactively reached out to the relevant agencies to understand the situation better and take the necessary actions' to ensure the continuity of its services in Malaysia. 'We are committed to providing safe, reliable and accessible mobility solutions to the tens of thousands of people across Malaysia who rely on our platform every day. As a global mobility and urban services platform, inDrive operates with the highest regard for local laws, regulations, and the communities we serve. 'We will provide updates once we have received further clarity from the authorities. We thank you for your understanding and continued support,' it said in a statement to Bernama. According to a news report, APAD has given inDrive a three-month deadline to return its Intermediation Business Licence (IBL) following the company's failure to comply with regulations introduced in 2019. The action against inDrive also marked the second termination notice involving a Russian-founded e-hailing service following Maxim's in 2023.

inDrive seeks clarity after APAD licence revocation notice
inDrive seeks clarity after APAD licence revocation notice

The Sun

time02-05-2025

  • Automotive
  • The Sun

inDrive seeks clarity after APAD licence revocation notice

KUALA LUMPUR: inDrive Malaysia said it 'is currently engaging with the relevant regulatory authorities to seek further clarification following a recent notice of revocation by the Land Public Transport Agency (APAD).' The global ride-hailing company said it has 'proactively reached out to the relevant agencies to understand the situation better and take the necessary actions' to ensure the continuity of its services in Malaysia. 'We are committed to providing safe, reliable and accessible mobility solutions to the tens of thousands of people across Malaysia who rely on our platform every day. As a global mobility and urban services platform, inDrive operates with the highest regard for local laws, regulations, and the communities we serve. 'We will provide updates once we have received further clarity from the authorities. We thank you for your understanding and continued support,' it said in a statement to Bernama. According to a news report, APAD has given inDrive a three-month deadline to return its Intermediation Business Licence (IBL) following the company's failure to comply with regulations introduced in 2019. The action against inDrive also marked the second termination notice involving a Russian-founded e-hailing service following Maxim's in 2023.

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