Super app Grab advised users on Tuesday to expect “noticeable improvement in booking reliability” and anticipate “ride confirmations happening twice as quickly compared to the last quarter of 2022.”
This, as Grab was able to grow its fleet of driver-partners following the opening of 10,300 new transport network vehicle service (TNVS) slots by the Land Transportation Franchising and Regulatory Board (LTFRB).
Already, Grab said it was able to fill “half” of the new allocation, enabling it to enhance the commuting experience of GrabCar passengers.
“We commend the LTFRB for their unwavering support of the TNVS industry. At Grab, we consistently advocate for a steady increase in TNVS slots to address the demand-supply gap that arose during the pandemic,” Grab Philippines Senior Director Operations Ronald Roda said.
“With the opening up of more TNVS franchise slots, Grab and other players can better meet the mobility demand of the commuting public.”
Roda also acknowledged the LTFRB’s efforts to foster a supportive environment for the TNVS industry, evident through the increasing number of slots and easing of requirements for aspiring TNVS drivers.
“More slots mean more livelihood opportunities for Filipino driver-partners, and reduced waiting time for passengers. As we enter a high-volume holiday season, we hope for a substantial growth in franchise slots in the second half of the year,” he said.
“This progress will empower us to deliver unparalleled reliability and cater to the fast-rising demand for seamless ride-hailing services.”
Grab earlier made a commitment to President Ferdinand R. Marcos Jr. to generate 500,000 livelihood opportunities within the sectors that it operates: transport, deliveries, and payments.
In January, the company announced that it rolled out a bonus scheme for new GrabCar driver partners following the opening of 4,433 new TNVS slots.
“Grab aims to help improve passengers’ booking experience on the app by onboarding more driver-partners on the platform,” it said in a statement.
The company offered up to P10,000 worth of driver bonuses and legal assistance for applicants with 6-seater vehicles, and up to P6,000 for those with 4-seater vehicles. The bonus scheme applies exclusively to TNVS licenses registered through Grab.
Image credits: www.grab.com