The LTFRB has issued a memorandum last February setting the supply cap of TNVS units in Metro Manila at 65,000. Of the proposed 65,000 vehicle cap, 55,000 slots have been allocated to vehicles based the master list of the LTFRB.
Grab PH got the approval after submitting voluntary commitments which included improving the quality of its service by bringing back market averages for acceptance and cancellation rates before the merger happened, and its response time to rider complaints.
ABI Research analyzed and compared the strength of the current leading ride-sharing providers worldwide through an analysis of their market share, innovation programs, strategies, and geographical reach.
The lawmaker said that many regular TNVS users regularly compare the rates of Uber and Grab before booking a ride -- an option that will no longer be available to commuters when Grab becomes the sole TNVS provider come April 9.