Grab to increase fares by S$1 to improve earnings for drivers in Singapore

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

SINGAPORE: From June, passengers using ride-hailing platform Grab will have to pay an additional S$1 as the Singapore-based firm says it wants to ...

SINGAPORE: From June, passengers using ride-hailing platform Grab will have to pay an additional S$1 as the Singapore-based firm says it wants to improve earnings for its drivers.

“The revision aims to improve earnings for driver-partners, enabling them to continue providing safe and high-quality service for passengers in a financially viable manner for the longer term,” said Grab, noting it has not revised its transport fares since 2017. The Singapore-based firm noted ridership “plummeted drastically” last year, with ridership yet to return to pre-pandemic levels.Ridership has declined since Singapore went into its Phase 2 period earlier this month, aimed at addressing a spike in COVID-19 cases.

“Grab will be providing additional incentives for driver-partners who complete delivery jobs in designated high demand areas,” the firm said. It added that eligible drivers leasing their vehicles through its vehicle rental arm GrabRentals can also benefit from a rental rebate of up to S$45 per week, depending on their current rental fees.

“We trust that this holistic approach of lowering costs, increasing earning opportunities and enhancing their safety net will address the main challenges our driver-partners are facing right now and better protect them for the future,” said Grab’s Mr Chan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

GRAB IS FULL OF CRAP!!!

I an deleting grab , use the like button to join in.

They learn from the best, the gov. Increase price of everything in the pretext of “helping” when in fact they just don’t want their salary and profit to be disturbed.

Increase fare can increase earning? Which economics principle or theory is that? Any professors can help out?

Corporate greed. Never surprises.

it's not for drivers, just their ipo...simply because grab is overrated 😂

Time to switch to public transport for lower cost of transportation. Compare the fares to enjoy huge savings.

Disguise increase by using the caption of helping drivers. Think Ridder's are stupid

Boycott.

Cannot use company own cost must take from passenger cost meh ?!

Alternatives: bus, MRT, and walk.

Why not lower their insane 20% commission to 15% to drivers instead of charging us an extra $1?! I would much rather support comfort delgro now

Are we sure the drivers' earnings or the shareholders' eh?

During a pandemic........ of course

We call for a nationalization of Grab. We should kick out their greedy owner who built the wealth during the crisis at the expense of this national.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines