News Articles on {?keyword?} | ABS-CBN News

Southeast Asia's Grab eyeing US IPO this year, sources say

Anshuman Daga, Reuters
Posted at Jan 19 04:27 PM

Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for initial public offerings (IPOs), three sources familiar with the matter told Reuters. Read more »

SoftBank Group sells $2 billion share in Uber

Kyodo News
Posted at Jan 13 10:19 AM

SoftBank Group Co. sold roughly $2 billion in shares of US ride-hailing company Uber Technologies Inc. last week, according to a document submitted by the Japanese firm's affiliate to U.S. financial regulators. Read more »

FOCUS: Gig economy workers say they can no longer survive

Agence France-Presse
Posted at Dec 16 03:04 PM

Whether in Paris, Kuala Lumpur or California, gig economy workers fear they can no longer survive on meager earnings from jobs that leave them increasingly vulnerable. Read more »

Uber-Lyft to stop California services absent reprieve

Glenn Chapman, Agence France-Presse
Posted at Aug 19 04:45 PM

Uber and Lyft are hoping a courtroom reprieve will spare them from shutting down their rival smartphone-summoned ride services in California on Friday. Read more »

Uber, delivery services to compensate drivers who catch virus

Agence France-Presse
Posted at Mar 09 09:29 AM

Multiple rideshare and food delivery companies are following in the footsteps of Uber, which announced it would compensate its drivers who catch the new coronavirus.   Read more »

Longer wait, higher fares loom in summer due to driver decline: Grab

ABS-CBN News
Posted at Feb 26 04:11 PM

Ride-hailing app Grab advised its users on Wednesday that a shortage in active drivers may result in longer wait times to book rides from April to June.    Read more »

Regulators hit back at Angkas over 'emotional blackmail, monopoly'

ABS-CBN News
Posted at Dec 23 11:02 PM

The inter-agency body studying the feasibility of motorcycle taxis said Angkas was using public opinion to protect its "vested interest" of monopolizing the service.  Read more »

Group asks court to stop 5 Angkas rivals from operating over safety concerns

Bruce Rodriguez, ABS-CBN News
Updated as of Dec 09 07:03 PM

A commuter safety advocacy group on Monday asked the courts to stop five motorcycle taxi service providers from operating without authorization from regulators. Read more »

Grab PH beefs up app 'safety' with $20 million investment

Jessica Fenol, ABS-CBN News
Posted at Aug 29 07:55 PM

Grab Philippines is investing $20 million to enhance the safety features of its businesses, the company's president said Thursday during the launch of its in-app "Safety Center." Read more »

GrabBike vs Angkas? Grab says not likely until motor taxi rules finalized

Jessica Fenol, ABS-CBN News
Updated as of Aug 30 01:42 AM

Grab Philippines on Thursday said it was 'not keen' on relaunching its motorcycle ride-hailing service GrabBike until the government finalized rules governing the feature.   Read more »

Every Parent’s Nightmare: A teenage girl and an Uber driver with his own plan

Michael Gold, The New York Times
Updated as of Aug 28 01:10 PM

On July 12, a parent’s worst fears came true when the Uber driver who arrived did not bring the girl safely home. Instead, prosecutors said, he kidnapped her and tried to take her to his place in Brooklyn, where he intended to sexually assault her. Read more »

LTFRB gets 3-day deadline to explain delays in ride-sharing permits

ABS-CBN News
Posted at Jul 24 11:27 AM

The Anti-Red Tape Authority (ARTA) on Wednesday told the Land Transportation Franchising and Regulatory Board (LTFRB) to explain delays in the processing of permits for transport network vehicle services. Read more »

'Pahirap policy' ng LTFRB naging 'paasa' na, ayon sa TNVS drivers

ABS-CBN News
Posted at Jul 10 04:35 PM

MAYNILA - Tila nauwi pa rin sa wala ang naging diyalogo ng ride-sharing drivers at transport regulators nitong Martes sa Quezon City. Read more »

Transport holiday had little effect on operations: Grab

ABS-CBN News
Posted at Jul 08 07:16 PM

Grab said the transport holiday held on Monday by drivers on ride-hailing services did not lead to "extraordinary difficulties in getting rides" for users of its platform.  Read more »

LTFRB sets dialogue with ride-sharing drivers Tuesday

ABS-CBN News
Updated as of Jul 08 08:22 AM

Transport regulators will hold a dialogue with ride-sharing drivers on Tuesday following the latter's protest on authorities' allegedly difficult policies and ban on hatchbacks. Read more »

30,000 ride-sharing cars to go offline on Monday in 'transport holiday'

ABS-CBN News
Updated as of Jul 08 08:13 AM

Jun de Leon, chairman of the Metro Manila Hatchback Community, said drivers joining the protest will go offline from 6 a.m. to 7 p.m. but will not block streets and hold any march. Read more »

Ride-sharing drivers to hold transport holiday vs 'pahirap policies'

ABS-CBN News
Posted at Jul 03 08:01 PM

The group "TNVS Community" said drivers in transport network vehicle services plan to go offline on July 8, Monday from 6 a.m. to 6 p.m.  Read more »

Carpool platform Wunder to exit Philippines

ABS-CBN News
Posted at Jun 24 04:13 PM

Wunder posted online that it has decided to stop its operations in Manila "in order to focus our resources in other mobility niches." Read more »

Grab drivers' group warns of higher surge fare with deactivation of units

ABS-CBN News
Posted at Jun 10 02:34 PM

Surge rates will rise if Grab pushes through with its plan to deactivate 8000 "unaccredited" units, a group of drivers who use hatchback cars for the ride-sharing platform said on Monday.  Read more »

LTFRB naglabas ng show cause order laban sa Grab

Arra Perez, ABS-CBN News
Posted at Jun 06 08:16 PM

Ipinatawag ng Land Transportation Franchising and Regulatory Board sa Hunyo 11 ang MyTaxi.ph Incorporated, na siyang nagpapatakbo sa Grab, ukol sa deactivation ng nasa 8,000 units nito. Read more »