Category: Business

PCC approves Grab-Uber Deal; Grab vows to abide by its Voluntary Commitments

Grab Philippines is thankful to the Philippine Competition Commission (PCC) for recognizing the legality of the deal that transpired between Grab and Uber last March 26, 2018 and for accepting Grab’s voluntary commitments that considers the uniqueness of the Philippine ride-hailing landscape. Grab has always stayed focused on putting the benefits of our consumers and ...

Grab SOS button to help secure driver and passengers from crime

Last August 1, we received a tragic report about what happened to one of our Ka-Grab driver-partners, Mr. Ananias Antigua. Paranaque police found the lifeless body of Mr. Antigua inside his vehicle with multiple gunshot wounds on the evening of July 31. Since we learned about the incident, Grab, upon request of the authorities, immediately ...

Grab Announces US$2 Billion of Funds Raised in Current Financing Round

Singapore― Grab Holdings Inc. (Grab), Southeast Asia’s leading O2O mobile platform, announced today it has raised US$2 billion for its current round of financing. Toyota Motor Corporation (Toyota) has been joined by a slate of leading global financial institutions, including OppenheimerFunds, Ping An Capital, Mirae Asset – Naver Asia Growth Fund, Cinda Sino-Rock Investment Management ...

SAP Bong Go joins entrepreneurship roadshow

Special Assistant to the President (SAP) Christopher Lawrence ‘Bong’ Go joined Go Negosyo Founder and Presidential Adviser on Entrepreneurship, Joey Concepcion during the Davao City leg of Go Negosyo’s Mentor Me on Wheels (MMOW) held at the atrium of SM Lanang Premier. SAP Go cited the critical role played by entrepreneurs in boosting the country’s ...

SM biggest Kadayawan Festival sponsor — so far

The SM Development Corporation (SMDC) is so far this year’s biggest Kadayawan sa Davao Festival sponsor. Assistant City administrator for Administration and Lawyer Tristan Dwight Domingo confirmed SMDC’s turnover of a check worth P3 million for the festival that is happening next month. Domingo described SMDC’s act as a proof that the city has a ...

Grab to appeal LTFRB fine

GRAB STATEMENT Attributed to Leo Gonzales, Grab Philippines Public Affairs Head 12 July 2018 We stand by the legality of P2/minute fare component. Grab’s basis in imposing the P2 per minute fare is the DOTr Department Order 2015-011 that authorized TNCs to set their own fare. This DO is binding when Grab implemented the P2 ...

Grab denies P100 booking fee claim of Rep. Nograles

Grabcar does not charge a booking fee. The allegation of Cong. Jericho Nograles that we charge P100 as booking fee is completely baseless. This new hit against Grab is part of his long list of unfounded allegations. We cannot discern his motives behind this. As a lawmaker, Congressman Nograles should have a deep responsibility to ...

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