Grab and Toyota Launch Data Collaboration Initiative for Connected Car Services

Grab;

Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced the launch of a new data-focused pilot programme with Toyota Motor Corporation, Toyota Financial Services Corporation, and Aioi Nissay Dowa Insurance Co., Ltd. The project aims to use data analysis to enable Grab to offer its driver partners across the region improved access to connected car services that will improve their experience on the Grab platform.

As part of the initiative, Grab will share data on driving patterns from 100 Toyota cars in Grab’s fleet, captured by Toyota’s data-transmission driving recorder, TransLog. Toyota’s team will then analyse the data set and, based on this analysis, offer recommendations on how other connected car services on the Toyota Mobility Service Platform (MSPF) – such as user-based insurance, financing program, and predictive maintenance – could enhance the Grab experience for drivers on the Grab platform.

Grab Announces Strategic Investment from Toyota Tsusho

Grab;

Grab Inc. (“Grab”), the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced that Toyota Tsusho Corporation (“Toyota Tsusho”), the sole general trading company of Toyota Group, has invested in Grab. Toyota Tsusho made this investment through its Next Technology Fund, and is the latest participant in Grab’s current financing round, led by SoftBank and Didi Chuxing.

A big win for Grab!

LTFRB do not have any legal basis for those fines against Uber and Grab

Written by Atty. Peter Michael Dizon;

The only legal bases for LTRFB penalties will show you a range between P5,000.00 for the first offense, P10,000.00 for a second offense, and P15,000.00 for a third offense. There are also other penalties in the amounts of P50,000.00, P75,000.00, P100,000.00, and P200,000.00 for various offenses.

The link was originally shared by James Deakin, if you’re following the Uber-LTFRB drama, this is a very good read.

I strongly encourage you to read the article, since it tackles the legal matters of Uber’s suspension and fines.

Grab will pour $100m into Myanmar as it faces off with Uber

Judith Balea, writing for Tech in Asia;

Grab, Southeast Asia’s leading ride-hailing app, has committed to invest US$100 million over the next three years in Myanmar, where Uber also debuted earlier this year.

The company will use the money to extend its services to more cities in the country, which has seen exploding mobile phone adoption. It will also roll out other products such as its digital payment feature GrabPay, and increase its local headcount to 200, it said in a statement. The company is exploring offering its corporate ‘Grab for Work’ solution after seeing healthy demand.

Win for ride-hailing apps as Indonesia overthrows key transportation rules

Nadine Freischlad, writing for Tech in Asia;

  • Indonesia’s supreme court, the country’s highest judiciary institution, has overthrown key parts of the regulatory framework that affect ride-hailing companies like Uber, Grab, and Go-Jek.
  • 18 paragraphs were ruled to be in conflict (PDF link) with existing laws regulating SMEs and the transportation sector and declared ineffective.

LTFRB could learn a thing or two from Indonesia’s experience. There’s a reason why Uber, Grab and other transport network vehicle services (TNVS) are thriving and that’s where LTFRB is failing the commuting public.

You can read the translated version of the original article here.

Grab and Uber render LTFRB irrelevant

Joel Ruiz Butuyan, writing for Inquirer.net;

With Grab and Uber, we have private companies that accredit vehicles which follow the responsibilities expected from licensed public transporters, even if most of them don’t have LTFRB franchises.

The LTFRB has become an outright failure in the performance of its government mandate because its licensing scheme amounts to a useless system in protecting the commuting public. Now come two private companies with new systems that have demonstrated rousing success in performing responsibilities which the LTFRB has completely abdicated.

A great read, specially if you are following the Gra, Uber and LTFRB drama.

To summarize, Grab, Uber and other transportation network company (TNC), brought out the shortcomings of both LTFRB and tax operators, which is the lack of infrastructure to moderate/penalize unscrupulous drivers.

We have to remember that Grab, Uber and other transportation network company (TNC) are already self-regulating and penalizes its driver, and reporting a unscrupulous Uber driver, is as easy as sending an email or text message.

Didi and Softbank to invest $2b in Grab; round may reach $2.5b

Judith Balea, reporting for Tech in Asia;

Southeast Asia’s leading transportation app Grab has new ammunition to battle rivals Uber and Go-Jek. The Singapore-headquartered company announced today that its two largest shareholders – China’s Didi Chuxing and Masayoshi Son-led Softbank – are investing up to US$2 billion to lead its current funding round.

Grab expects to raise an additional US$500 million from existing and new investors, bringing the round’s total to US$2.5 billion. Jack Ma’s Alibaba was supposedly eyeing to join in.

That’s one massive funding. This could threaten Uber’s growth in the region.

LTFRB fines Grab, Uber P5M each for permit violations

Rambo Talabong, reporting for Rappler;

The Land Transportation Franchising and Regulatory Board (LTFRB) imposed a fine of P5 million each on Uber and Grab on Tuesday, July 11, for letting some of their drivers operate without permits.

Not a good news for Grab and Uber drivers.

The LTFRB says the ride-hailing companies should have been closed down because of the violations, but the public interest ‘overrides’ this penalty.

How convenient for taxi operators!

Unless taxi change their attitude and stop being selective, Grab and Uber users will just continue to increase. When getting a taxi, I received at least 3 taxi refusal. Their reason(s) too traffic, too far and asking for a bigger flag-down rate.

Grab inks Kudo acquisition agreement, appoints new head of cashless payments solution

Anisa Menur A. Maulani, reporting for E27;

Rumours have been circulating around Indonesian startup communities since February 2017 that Southeast Asian ride-hailing giant Grab has acquired Indonesian O2O e-commerce platform Kudo.

After a period of silence, today Grab finally confirmed that it has signed an agreement to acquire Kudo.

This acquisition will surely help Grab Pay gain more ground.

GrabBae this Valentine’s Day!

Grab Ph;

Got no bae this Valentine’s Day? We’ve got you covered, as always. 😉

Calling all single ladies out there, will you be our Valentine?

On February 13 and 14, you can book your very own #GrabBae! Yup, this is legit. With just a few taps on your phone, prepare to feel the love from our cute #GrabBaes while they serenade you for FREE!

Here’s how:

  1. Open the Grab App.
  2. Tap on the “GrabBae” special icon from 11AM – 3PM.
  3. Input pick-up and drop off locations (must be the SAME) and within Makati Central Business District or BGC areas.
  4. Input promo code “GRABBAE” to qualify for the promotion. This promo is FREE!
  5. Wait for confirmation that you have booked a #GrabBae already.
  6. A Grab attendant will get in touch with you.
  7. Get ready to be serenaded and to receive flowers for free from our partner, Linea Fiori!
  8. Don’t forget to share your Valentine’s experience by using the hashtag #GrabBae.

Grab to invest $700m into R&D, talent development in Indonesia

Nadine Freischlad, reporting for Tech in Asia;

At a star-studded press conference today, Southeast Asian ride-hailing startup Grab announced its plans to allocate US$700 million into a “2020 master plan” for Indonesia.

Over the next four years, the company pledges to invest heavily into R&D as well as tech talent development.

Grab wants to hire 150 engineers over the next two years, and set up a US$100 million fund for investing in startups focusing on social issues, like financial inclusion, among other targets.

Grab introducing a $1.40 (USD) cancellation fees

Grab;

Today, Grab introduced cancellation fees as part of our ongoing effort to make driving and riding with us a better experience.

Cancellations made by drivers or passengers cause huge inconveniences to one another – loss of earnings for drivers already en-route to pick up a passenger and loss of trust for passengers waiting for their ride to arrive.

By lowering cancellation rates, we’d be able to match drivers more efficiently to passengers who really need a ride.

Right now, we measure drivers’ performance based on their cancellation rates, among other factors. Drivers with low cancellation rates enjoy higher incentives and perks, which makes them think twice before cancelling.

Today, a passenger cancellation fee of $2 will kick in. We know that there are good reasons for people to cancel their rides sometimes. So for a start, the fee will be levied only after more than 10 cancellations in a week. Once the threshold is reached, $2 will be charged to the passenger’s GrabPay account. Non-GrabPay passengers will have to enable GrabPay before making further bookings.

Over time, we will review and adjust our cancellation threshold accordingly. Our aim is to encourage people to make a booking and stick with it. Be assured that our app will always give ample notice in the form of warning notifications before we deduct the fee.

We hope this initiative creates a fairer platform for drivers and passengers, and that all of us will think twice before cancelling a booking.

From their FAQs, the cancellation fee only applies in Singapore but this may roll out to other market where Grab is available.

LTFRB rejects 15,000 Uber, Grab applications

Rappler.com;

The Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday, January 5, said it dismissed nearly half of franchise applications – over 15,000 out of some 32,000 – for ride-hailing services Grab and Uber.

The article continued that the reason the applicants were rejected because they have incomplete requirements or they did not appear at hearings. Which is valid!