Home Tags Grab

Tag: Grab

Grab Philippines adds new services

GRAB Philippines is adding new transport, logistics and lifestyle services on its platform.

Grab to pilot test scooter service in Intramuros

GRAB Philippines is partnering with the Department of Tourism (DoT) to pilot test a scooter service in Intramuros and to stream Philippine tourism videos in Grab cars across Southeast Asia.

Grab says to invest $2B in Indonesia using funds from Japan’s...

JAKARTA — Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japanese technology investor SoftBank Group Corp.

Ride-sharing restrictions lifted on small cars

REGULATORS will clear hatchback and subcompact cars to operate legally as part of the ride-sharing fleet.

Grab hatchback drivers to file complaint against LTFRB

A GROUP of deactivated Grab hatchback drivers and a labor group will file a class suit on Friday against the Land Transportation Franchising and Regulatory Board (LTFRB) for its policy on hatchback vehicles.

Grab eyes Singapore banking license

HONG KONG/SINGAPORE — Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said.

Citi launches co-branded credit cards with Grab

HONG KONG — Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.

Show-cause order issued to Grab

THE LAND Transportation Franchising and Regulatory Board (LTFRB) said it has issued to Grab Philippines (MyTaxi.PH, Inc.) a show-cause order to justify its pronouncements about the removal of about 8,000 drivers from its platform.

Grab may deactivate 8,000 drivers

GRAB Philippines (MyTaxi.PH, Inc.) said Monday it may have to deactivate “at least” 8,000 vehicle providers from its platform next week, as they failed to comply with regulations set by the Land Transportation Franchising and Regulatory Board (LTFRB).

Grab cracks down on ‘excessive’ cancellations

GRAB Philippines (MyTaxi.PH, Inc.) said it will start imposing penalties on passengers and drivers for excessive cancellations of booked rides.

Grab raises $1.5B from SoftBank fund

LEADING Southeast Asian ride-hailing provider Grab raised about $1.5 billion from SoftBank Group Corp.’s Vision Fund, bankrolling its effort to expand into new services across the region.

Competition watchdog fines Grab P6.5M for ‘deficient’, ‘incorrect’ data

GRAB Philippines (MyTaxi.PH, Inc.) has to pay P6.5 million in fine for submitting “deficient”, “incorrect” data to the Philippine Competition Commission (PCC) as part of the watchdog’s price monitoring.

Grab launches food delivery service in Cebu

RIDE hailing company Grab Philippines said Friday that it launched its GrabFood service in Cebu, its second market for the service.

Grab Philippines teams up with IDOOH

GRAB PHILIPPINES (MyTaxi.PH, Inc.) said on Monday it is partnering with media technology company IDOOH International for the distribution of in-car display tablets in its vehicles.

GrabFood launched with Crave City

WHILE GrabFood, transport services app Grab’s food delivery system, has been operational for quite a while now — it has been in place since June in select cities, expanded operations in July to cover all of Metro Manila, and in October began beta testing in Cebu and Mandaue — it was launched officially on Nov. 10 in an event called Crave City. Crave City is open to the public until Nov. 10, with customers able to order food via the app (provided onsite) from establishments Mom & Tina’s, El Chupacabra, Señor Pollo, Bawai’s Vietnamese Kitchen, Charlie’s Grind and Grill, Gong Cha, Ersao, Aysee, Sunrise Buckets, Manila Creamery, and Stockpile, which have stalls in BGC’s Globe Amphitheatre.

Grab launches premium tricycle service

GRAB Philippines (MyTaxi.PH, Inc) partnered with distributor AutoItalia Philippines Enterprises, Inc. to offer the GrabTrike Premium service using the three-wheeled Piaggio Ape.

Grab partners with Booking

GRAB HOLDINGS, Inc. said it is partnering with travel company Booking Holdings, Inc., which would allow Grab users to book travel-related services on the app and pay through GrabPay.

Grab plans to appeal PCC’s P12 million fine

GRAB Philippines said on Friday that it will file a motion for reconsideration after it was fined P12 million by the Philippine Competition Commission (PCC) for alleged compliance failures in connection with its acquisition of the Southeast Asian business of Uber.

Southeast Asia’s Grab inks deal with Mastercard for issuance of prepaid...

SINGAPORE — Singapore-based Grab has partnered payments processor Mastercard Inc. to issue prepaid cards tailored to Southeast Asian consumers, extending the use of Grab’s digital wallet and helping its unbanked users transact online.

Grab Philippines beefing up safety features for users

GRAB Philippines (MyTaxi.PH, Inc.) unveiled on Monday its “Safer Everyday Tech Roadmap” which aims to address safety concerns of both drivers and passengers.

PCC taps UK firm to keep track of Grab’s ‘voluntary commitments’

THE Philippine Competition Commission (PCC) tapped a United Kingdom-based audit firm to monitor Grab Philippines’ (MyTaxi.PH, Inc.) fulfillment of its voluntary commitments in relation to its acquisition of Uber Philippines in March.

Grab partners with Microsoft, adopts Azure cloud platform

By Anna Gabriela A. Mogato TRANSPORT network company GrabTaxi Holdings Pte. Ltd has just partnered with Microsoft Corp. to improve their digital services in Southeast...

Blockchain firm partners with Grab on rewards

LOCAL blockchain company LoyalCoin said it has partnered with Grab Philippines (MyTaxi.PH, Inc.) to allow riders to pay for their trips through a crypto digital wallet called LoyalWallet.

Grab to temporarily lower surge pricing with P2/minute reimposition

GRAB PHILIPPINES (MyTaxi.PH, Inc.) will temporarily lower its surge pricing to 1.6 times instead of two times to give time for passengers to adjust to higher fares after being allowed by the Land Transportation Franchising and Regulatory Board (LTFRB) to reimpose its P2-per-minute waiting time charge starting Friday.

Grab expects to double revenue in 2019

SINGAPORE’s Grab outlined ambitious fund-raising plans and predicted that sales will double next year, adding to evidence that Southeast Asia’s most valuable start-up is expanding well beyond its roots as a ride-haling app and intensifying a rivalry with Indonesia’s Go-Jek.

LTFRB junks order for Grab to reimburse passengers

THE Land Transportation Franchising and Regulatory Board (LTFRB) on Monday revoked its order for Grab Philippines (MyTaxi.PH, Inc.) to reimburse passengers who paid a P2 per minute charge from June 2017 to April 2018, saying there was “lack of basis to support reimbursement by way of rebate for future riders.”

Grab PHL wants bigger TNVS cap

GRAB Philippines (MyTaxi.PH, Inc.) wants the Land Transportation Franchising and Regulatory Board (LTFRB) to further increase the cap on transport network vehicle services (TNVS), saying at least 80,500 cars are needed to cater to daily demand.

Grab initiates talks on driver-only EDSA ban

GRAB PHILIPPINES (MyTaxi.PH, Inc.) said it is holding discussions with authorities regarding the impact of the High Occupancy Vehicle (HOV) traffic scheme, which prohibits driver-only vehicles from plying main thoroughfare EDSA during peak hours, to its ride-hailing business.

LTFRB to launch anti-colorum TNVS drive in September

The Land Transportation Franchising and Regulatory Board (LTFRB) said it will launch an “anti-colorum drive” against unregistered transportation network vehicle services (TNVS) next month. “ffective...

Move to harmonize ride-sharing fares may nullify Grab petitions

THE Land Transportation Franchising and Regulatory Board (LTFRB) said it is conducting ongoing discussions to streamline fares for all transport network vehicle services (TNVS), a process which may invalidate Grab Philippines’ petitions to raise fares and reimpose its P2 per-minute trip duration charge.

Competition watchdog approves Grab-Uber deal

THE PHILIPPINE COMPETITION COMMISSION (PCC) has cleared Grab Philippines’ (MyTaxi.PH Inc.) acquisition of the local business of Uber and Uber Systems, Inc., but will monitor for a year the former’s compliance with quality and pricing standards it had committed to.

Grab raises $2B to fight ride-hailing competition

SINGAPORE — Ride-hailing firm Grab said on Thursday it has raised $2 billion from investors to expand its offerings including electronic payments, food delivery and courier services as it fights fierce competition in the fast-growing sector.

PCC extends review period for Grab’s ‘voluntary commitments’

GRAB PHILIPPINES (MyTaxi.PH, Inc.) said it is inching closer to settling its voluntary commitments to the Philippine Competition Commission (PCC) to address anti-competition issues flagged by the government regarding its acquisition of Uber Philippines in March.

Grab denies fake bookings, warns Micab

GRAB PHILIPPINES (MyTaxi.PH) denied the accusations of its competitor Micab Systems Corp. on allegedly sending “phantom bookings” or fake bookings, and threatened to file a libel suit if the latter continues to make such claims.

Grab asks LTFRB to reconsider P10-million fine

GRAB PHILIPPINES (MyTaxi.PH) filed last week a motion for reconsideration to the Land Transportation Franchising and Regulatory Board (LTFRB) for the P10-million fine it received earlier this month on alleged “overcharging.”

Grab files motion for reconsideration on P10-million LTFRB fine

Grab Philippines (MyTaxi.PH) has filed last week a motion for reconsideration to the Land Transportation Franchising and Regulatory Board (LTFRB) for the P10-million fine...

After Grab, LTFRB orders Hype to explain P2-per-minute charge

The Land Transportation Franchising and Regulatory Board (LTFRB) has issued a show-cause order to transport network company (TNC) Hype Transport Systems, Inc. for allegedly...

Grab says Philippine business is slowest growing in the region

GRAB’s operations in the Philippines has become its slowest growing in Southeast Asia as the company remains in a complicated relationship with the government after a P10-million fine and a prohibition on adding new cars, its local official said.

Grab to appeal P10-M LTFRB fine

GRAB Philippines (MyTaxi.PH) said it will appeal the P10-million fine imposed by the Land Transportation Franchising and Regulatory Board (LTFRB) for alleged overcharging.

Grab: P2 per minute charge is legal

GRAB Philippines maintained that its P2 per minute waiting time charge was legal, saying it will study its legal options regarding the Land Transportation Franchising and Regulatory Board (LTFRB) order that slapped a P10-million fine on the company for allegedly overcharging passengers.

Grab slapped with P10-M fine for overcharging passengers

THE LAND Transportation Franchising and Regulatory Board (LTFRB) has imposed a P10-million fine on Grab Philippines (MyTaxi.PH) for allegedly overcharging passengers over a ten-month period.

Grab to launch grocery delivery service in race for growth

SINGAPORE — Grab plans to launch a grocery delivery service, and is betting on its network of 7.1 million drivers, agents and merchants to steer its expansion beyond its core ride-hailing business across Southeast Asia, its chief executive officer (CEO) told Reuters.

LTFRB accredits new TNC E-Pick Me Up

THE Land Transportation Franchising and Regulatory Board (LTFRB) confirmed that it accredited a new transport network company (TNC) on Thursday.

LTFRB accredits new TNC E-Pick Me Up

The Land Transportation Franchising and Regulatory Board (LTFRB) confirmed it has accredited a new transport network company (TNC) on Thursday, June 28. Inter-Agency Council for...

Grab appeals P2 per minute charge anew

GRAB PHILIPPINES (MyTaxi.PH) again urged the Land Transportation Franchising and Regulatory Board (LTFRB) to allow it to impose a P2 per minute charge, as the regulator conducted its third hearing on the issue on Tuesday.