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News and Events

Grab, Uber Fined $9.5 Million by Singapore's Competition Watchdog

Body also ordered Grab to revert to its pre-merger pricing

Singapore’s competition body has fined Grab and Uber a total of $9.5 million for its merger, saying the deal “has led to a substantial lessening of competition in the provision of ride-hailing platform services” in the city-state.Related story: Singapore Proposes Fines on ...

by Paul John Caña  | September 24, 2018 12:00:00
News and Events

How the Return of Time-Based Charges Will Impact the Cost of Car-Hailing Rides on Grab and Hype

Grab PH cuts maximum price surge from 2x to 1.6x to ease burden on customers

Riders of ride-hailing companies Grab Philippines and Hype Transport Systems Inc. will have to pay the time-based charge again starting today, September 21, after the Land Transportation Franchising and Regulatory Board (LTFRB) lifted its suspension of the fare component on September 4.In ...

by Pauline Macaraeg  | September 21, 2018 03:00:00
News and Events

'Angkas is Back' says Suspended Motorcycle Taxi Service After Winning Preliminary Court Relief

But the company warns booking a ride may be hard as it ramps up operations

“Angkas is Back”, announced the Facebook page of the motorbike-hailing company on September 6 shortly after news came out that a court granted the firm’s petition for a preliminary injunction against a government regulator’s order suspending the service.Angkas’ motorcycle taxi operations were ...

by Elyssa Christine Lopez  | September 06, 2018 06:00:00
News and Events

Voices from the Road: TNVS Drivers Weigh Impact of LTFRB Actions on Viability of Ride-Sharing Business

Car owners vow to serve commuters despite earnings drop due to higher fuel prices and adverse regulations

At Php2 per minute, the time component of the fare that users of GrabCar ride-hailing service pay for a trip looks minor. That seems to be the impression when compared to the Php40 base fare that kicks in as soon as you ...

by Roel Landingin and Pauline Macaraeg  | September 05, 2018 03:00:00
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