Monday, May 27, 2024
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PH competition body slaps P16-M fine on Uber, Grab on merger deal

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.

16 billion ride-hailing trips completed globally in 2017: report

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.

PCC gives nod on Grab’s acquisition of Uber operations in PH

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.

Study: Uber is number one among global ride-sharing firms

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.

Uber ordered to continue PH operations until PCC review is complete

The directive also puts Grab's move to acquire its competitor to a halt while the antitrust commission is reviewing the deal.

GALLA | TNVS and reasonable regulation — because legacy thinking fails with disruptive tech

New technologies have changed the way we view and use public transport; however, there has not been much change in public transport fundamentals.

Solon seeks entry of Go-Jek in PH after Uber-Grab deal

Wire service Reuters has reported that Go-Jek is aiming to set up operations in the Philippines this year.

More than 20,000 Uber PH drivers seen signing up with Grab

The LTFRB also disclosed that three companies --- Lag Go, Owto, and Hype -- are seeking accreditation as TNCs (transport network companies).

NPC to continue data breach probe on Uber despite Grab deal

The National Privacy Commission (NPC) said the sale of Uber's Southeast Asia operations to main rival Grab will not affect its ongoing investigation into past Uber breaches that involved Filipino users.

Uber sells PH, Southeast Asia operations to rival Grab

Users of Uber in the Philippines and the rest of Southeast Asia have only until April 8 to use the ride-sharing app before they will be required to use the platform of rival app Grab.
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