You need a suitable car in order to drive for Uber don’t you?
That would be a barrier for entry for many minimum wage employees I think.
Lion City Rental has grown so fast as to affect the price of the car ownership permit [1]. Anecdotally, about 1 in 20 of my drivers in Singapore owned their cars.
[1] http://www.straitstimes.com/singapore/transport/uber-bids-co...