News

Uber pays $148 million over data breach in latest image-boosting move

Julie Charpentrat, Agence France-Presse
Posted at Sep 27 09:15 AM

The settlement stems from a breach affecting some 57 million Uber riders and drivers, prompting litigation that was eventually joined by officials from the 50 US states and the District of Columbia. Read more »

Singapore watchdog fines Grab, Uber $9.5 million over merger

Agence France-Presse
Posted at Sep 24 03:39 PM

The commission fined both firms a total SGD$13 million ($9.5 million) -- SGD$6.42 million for Grab and SGD$6.58 million for Uber. Read more »

Grab to implement P2 per minute charge starting Sept. 21

ABS-CBN News
Posted at Sep 21 11:00 AM

Grab said the re-imposition of the travel time component could help improve driver supply since it would encourage those who stopped servicing passengers. Read more »

Uber boss grows into disruptor role from 'no freakin' clue'

TJ Manotoc, ABS-CBN News
Posted at Sep 20 08:46 AM

SAN FRANCISCO, California -- One year on the driver's seat of one of the world's largest ride-hailing firms, Uber CEO Dara Khosrowshahi said it's been good so far helping consumers go digital, from transportation to food delivery.  Read more »

Grab put regulators in 'uncomfortable spot,' say DOTr, LTFRB

ABS-CBN News
Posted at Sep 17 03:47 PM

Grab had been sending partner drivers an email where it purportedly blamed the government for the lack of vehicles available for ride-hailing, the 2 government agencies said. Read more »

Grab launches photo-sharing in app to reduce cancellations

ABS-CBN News
Posted at Sep 17 03:25 PM

This in-app feature is expected to bring down cancellations and to make pick-up experience more convenient for passengers and drivers, the ride-hailing firm said in a statement.  Read more »

Grab insists on P2 per minute charge

ABS-CBN News
Posted at Sep 05 01:15 PM

LTFRB overturned the earlier order saying that the company no longer needs to reimburse customers "for lack of a legal basis to support the rebate."  Read more »

Grab urges LTFRB to raise cap on ride-sharing vehicles

ABS-CBN News
Posted at Aug 28 04:34 PM

In a statement, Grab said it can only "efficiently serve" 4 out of 10 bookings as only 35,000 active drivers cater to about 600,000 daily bookings.  Read more »

Avoid pick up points along EDSA: Grab releases guidelines amid driver-only ban

ABS-CBN News
Posted at Aug 16 03:07 PM

Ride-hailing firm Grab on Thursday urged passengers not to set pick-up points along EDSA amid the dry-run of the high occupancy vehicle (HOV) traffic scheme that prohibits driver-only cars from using the main thoroughfare. Read more »

Uber quarterly loss jumps as it invests in 'big bets'

Agence France-Presse
Posted at Aug 16 09:13 AM

The San Francisco-based smartphone ride star reported it lost $891 million on net revenue of $2.8 billion, while overall bookings rose to $12 billion. Read more »

Grab-Uber gets antitrust watchdog's approval with conditions

ABS-CBN News
Updated as of Aug 10 03:22 PM

The Philippine Competition Commission on Friday allowed the Grab and Uber merger effective immediately under conditions of better service, justifiable fare surges and lower cancellation rates. Read more »

New York City votes to cap Uber, Lyft vehicle licenses

Reuters
Posted at Aug 09 07:53 AM

The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber Technologies Inc for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a major source of their revenue. Read more »

Grab 'close to finalizing' commitments with antitrust body

ABS-CBN News
Posted at Aug 01 12:27 PM

Negotiations with the Philippine Competition Commission are ongoing, according to Grab, which acquired Uber's Southeast Asia operations. Read more »

Taxi meters reset to implement fare hike

Jacque Manabat, ABS-CBN News
Updated as of Aug 01 09:19 AM

Higher taxi fares will be collected as the Land Transportation Franchising and Regulatory Board started recalibrating taxi meters Tuesday to reflect the new fare rate.  Read more »

Ride-hailing firm Grab hits back in Uber takeover row

Agence France-Presse
Posted at Jul 27 07:25 PM

Ride-hailing firm Grab insisted Friday its takeover of Uber's businesses in Southeast Asia has not substantially eroded competition in Singapore after a threat from the city-state's anti-monopoly watchdog to reverse the deal. Read more »

Grab, Hype defend additional charges

Jacque Manabat, ABS-CBN News
Updated as of Jul 24 03:38 PM

Ride-hailing firms Grab on Tuesday said its P2.00 per minute charge is valid and in pursuant to existing laws at the time it was imposed. Read more »

Ride-hailing 'democratized' tech in Southeast Asia, Grab says

Jessica Fenol, ABS-CBN News
Posted at Jul 13 09:13 AM

The Grab app has been downloaded over 100 million times in 8 Southeast Asian countries, serving a market valued at $25 billion. Read more »

Grab expands to payments, groceries, food delivery with 'superapp'

Jessica Fenol, ABS-CBN News
Updated as of Jul 10 08:07 PM

The "Everyday Superapp" offers "hyperlocalized to hyperpersonalized" content depending on the user's location. Read more »

Grab to launch grocery delivery service in race for growth

Reuters
Posted at Jul 10 11:10 AM

The strategy to provide "everyday" offerings underscores Grab's ambition to secure its dominant market share at a time when main rival Go-Jek is embarking on a $500 million expansion into markets including Thailand and Singapore. Read more »

GrabFood delivery launched in Philippines in 'smart city' push

ABS-CBN News
Posted at Jul 06 07:12 AM

GrabFood and GrabPay is part of its "smart city" vision, where users can book rides, order food and pay for services by just tapping on their mobile phones, Grab officials said. Read more »