Grab: Ride-hailing market in provinces to be industry driver - BusinessWorld Online

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TRANSPORT network company Grab Philippines said areas outside greater Metro Manila present one of the biggest opportunities for the ride-hailing industry. READ:

TRANSPORT network company Grab Philippines said areas outside greater Metro Manila present one of the biggest opportunities for the ride-hailing industry.

At present, the company’s ride-hailing services are available only in eight to nine cities and municipalities, while its food delivery services are available in 45. Grab is aiming for the opening of TNVS slots in Iligan City, Cagayan de Oro City and Davao City, which it previously requested from LTFRB.

In Grab’s estimate, up to 35,000 TNVS licenses should be supplied in provinces based on the total addressable market and activity levels of the current driver pool in December 2022.

 

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