After the hearing on the Grab/Uber regulations here are some thoughts straight from Brian Cu, GrabPH Country Manager.
Here are some key statistics:
- Demand increase 5% a week
- 3-5k drivers/hourly
- total registered grab drivers 50+k
- 18-20k active drivers daily
- 20% commission rate on ride fare
GrabPH apparently is still operating at a lost. As Brian Cu mentioned, there is still a lot of room for improvements, and just like any startups it takes time making the green light. Now unlike Uber, GrabPH is mostly Philippine owned.
See Also: Top 5 pro tips for Uber and Grab RIDERS
“The way we are organized 60% is locally owned, and yes we do pay VAT, we earn by taking away 20% commission on the ride fare.” – Brian Cu
In the recent hearing, if you haven’t seen the discussion from James Deakin, watch the video below! 🙂
Thank you for placing your trust in me to serve as your voice on this issue. It's truly an honor to be given that…
Posted by James Deakin on Thursday, August 3, 2017
