Starting April 8, ride-hailing companies Grab and Uber will merge with Grab taking full control of the Uber operations in the Philippines and Southeast Asia.
Brian Cu, Grab Philippines country head, said on Monday that their company has acquired Uber’s business in the Philippines and Southeast Asia. Thus making Grab the biggest transport network in the country.
Cu said the acquisition brings a wider network of TNVS (transport network vehicle service) drivers and passengers and improved ridesharing services. The following are the expected benefits from the merger:
For our passengers:
• With a larger fleet of drivers on our platform, passenger transportation needs will be met faster. Passengers will get to enjoy shorter waiting times, more convenient and affordable rides through one platform.
• Passengers can use GrabRewards, an in-app loyalty program that allows them to get more value with every ride. They instantly earn points that they can use to redeem offers such as vouchers for mobile load, food, shopping discounts and more. GrabRewards can also be used to redeem points for discounts off your next ride.
• Users can also take advantage of GrabPay, a mobile wallet that’s easy to top-up and can be used for cashless transactions. Passengers can also transfer credits easily to friends and loved ones.
• New Grab users can enjoy GrabExpress to get parcels delivered on-demand, with real-time tracking.
For our driver-partners:
• More passengers are expected to use Grab, which will mean more jobs, less waiting time, and ultimately higher earning potential.
• Driver-partners will get access to Grab’s driver support services, incentives and offers, and additional services to protect and enhance their welfare — from personal accident insurance to micro-financing.
“I would like to reassure the government and the public that we will continue to work in a collaborative and open manner. We will keep our commitment towards quality of service. We will continue to adhere to regulatory guidelines on activations and pricing,” Cu said.
He said that Grab’s partnership with Uber will fuel their drive and passion for a better transport future.
“We will continue to work and collaborate with the Department of Transportation (DOTr), Land Transportation Franchising and Regulatory Board (LTFRB), local government units and other stakeholders to constantly find ways to improve our services,” said Cu.
There are an estimated 125,000 TNVS in Metro Manila alone just from Grab and Uber.