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