The Philippine Competition Commission (PCC) has ordered Grab to immediately release the remaining P19.3-million refund to eligible users after finding the ride-hailing app’s low disbursement of the refunds from previous fines.
In a virtual town hall, representatives from tech giants Netflix, Amazon, Google, Grab, and Mynt discussed the technologies and steps they adopted to cope during the Covid-19 digital shift.
Ride-hailing app Grab has launched GrabPay Card in the Philippines, a digital-first prepaid card powered by Mastercard that brings the convenience of cashless payments to more Filipinos.
Grab, the top ride-hailing app in Southeast Asia, and its London-based counterpart Splyt Technologies have announced an enhanced collaboration to give travellers access to ride-hailing services anywhere in the world.
The anti-trust watchdog said the non-compliance of both companies has prejudiced its review process and impeded their ability to impose remedies for the benefit of the riding public.
At the beginning of 2017, Grab had just 30% market share of the Indonesian ride-hailing market, while local rival Go-JeK had a commanding 58% of the market. By the end of June 2018, Grab had made an impressive turnaround, establishing a 62% market share of the ride-hailing market.