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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.

Grab PHL to spend P100 million monthly on driver subsidies

GRAB Philippines (MyTaxi.PH) said on Tuesday it expects to spend over P100 million every month on a “fare-subsidy” scheme for its drivers, who are affected by the suspension of the P2 per minute waiting time charge.

LTFRB mulling moratorium on new ride-hailing companies

THE LAND Transportation Franchising and Regulatory Board (LTFRB) is mulling a moratorium on the entry of more transport network companies (TNC), following the new department order tasking the agency to regulate the transportation segment.

Toyota to invest $1 billion in Grab

SINGAPORE — Toyota Motor Corp. has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round, which was launched after it bought the regional business of Uber Technologies, Inc.

Grab says DoTr order proves its current fare structure is legal

GRAB Philippines (MyTaxi.PH) on Wednesday said the Department of Transportation’s (DoTr) new department order (DO), which puts the Land Transportation Franchising and Regulatory Board (LTFRB) in charge of setting the fares of ride-hailing firms, proves its current fare structure is legal.

Indonesia’s Go-Jek will beat local transport network firms, group warns

A FORMER board member of the Land Transportation Franchising and Regulatory Board (LTFRB) has raised concerns over the possible entry of Indonesian ride-hailing firm Go-Jek into the Philippine market.

LTFRB given power to set ride-sharing fares

THE Department of Transportation (DoTr) has empowered the Land Transportation Franchising and Regulatory Board (LTFRB) to regulate fares charged by transport network companies (TNCs) and transport network vehicle services (TNVS).

TNC Hirna on track for expansion beyond Davao

LOCAL transportation network company (TNC) Hirna Mobility Solutions, Inc. is set to expand its operations outside Davao, starting with Iligan City and Cagayan De Oro.

Grab PHL submits proposed voluntary commitments to competition watchdog

GRAB Philippines (MyTaxi.PH,Inc.) has submitted proposed voluntary commitments to remedy some of the anti-competition issues raised by the Philippine Competition Commission (PCC) with parent company Grab Holdings, Inc.’s acquisition of Uber B.V.’s Southeast Asian assets, including the Philippine business.

Grab insists Uber deal has ‘no anti-competitive effect’

GRAB PHILIPPINES (MyTaxi.PH) on Wednesday insisted its acquisition of Uber Philippines’ assets did not have an adverse effect on competition in the local ride-hailing market, contrary to the findings of the Philippine Competition Commission (PCC).

LTFRB asks Grab PHL to resubmit fare hike petition

THE Land Transportation Franchising and Regulatory Board (LTFRB) is ordering Grab Philippines (MyTaxi.PH) to resubmit its fare hike petition to include the prices of its other services such as GrabCar Premium within 10 days.

Grab files petition to reimpose P2/min charge

GRAB Philippines (MyTaxi.PH, Inc.) has filed a formal petition with the Land Transportation Franchising and Regulatory Board (LTFRB) to allow it to again levy...

Grab urges LTFRB to OK 6,000 Uber drivers

GRAB Philippines (MyTaxi.PH, Inc.) urged the Land Transportation Franchising and Regulatory Board (LTFRB) to allow around 6,000 Uber Philippines drivers, which the regulator says...

Hirna says no plans to enter Metro Manila

By Denise A. Valdez HIRNA Mobility Solutions, Inc. started offering transportation options last month when it was accredited by the Land Transportation Franchising and Regulatory...

Ride-hailing firms rush into Philippine gridlock

A SLEW of ride-hailing ventures are taking to the gridlocked streets of Manila, undeterred by the market dominance of Grab now that it controls...

Grab Philippines to introduce new features in July

GRAB Philippines (MyTaxi.ph, Inc.) is set to launch in July new features in its ride-hailing mobile application, which would make it easier for users...

Grab Philippines to launch new app interface, features in July

Grab Philippines (MyTaxi.ph, Inc.) is looking to launch in July new features in its ride-hailing mobile application. In a statement, the transportation network company (TNC)...

Grab flags high demand amid limited number of drivers

By Denise A. Valdez GRAB Philippines said Wednesday its pool of 35,000 drivers falls far too short to meet the 600,000 passenger demand it receives...

MiCab becomes fifth TNC to receive LTFRB accreditation

The Land Transportation Franchising and Regulatory Board (LTFRB) has accredited MiCab Systems Corporation, a transportation network company (TNC) that will provide taxi-hailing services as...

New TNCs unlikely to end Grab’s ‘virtual monopoly’ — PCC

By Melissa Luz T. Lopez, Senior Reporter THE ACCREDITATION of new mobile ride-hailing services does not automatically end Grab Philippines’ “virtual monopoly” of the local...

Grab drivers seek law for ride-hailing services to avoid gov’t ‘over-regulation’

Drivers of Grab Philippines on Friday sought a law covering ride-hailing companies after they called out the government’s “over-regulation” when it stopped them from...