Uber to relaunch premium taxi service in S. Korea

Ride-sharing app Uber said Wednesday it would relaunch its premium taxi-hailing service in South Korea as regulators eased restrictions that had limited the firm's growth in Asia's fourth-largest economy. The UberBLACK service resumes later this year in the capital Seoul, the company said in a statement, after the city council allowed more taxi drivers to offer premium services. The previous UberBLACK service could only work with limousine companies, which mainly served the elderly, the disabled