Move It was among three motorcycle taxi operators approved by the Department of Transportation in its pilot study on motorcycle ride-hailing services. Grab had earlier applied as well, but the app was unable to gain the approval of the department’s technical working group .
“Hindi po namin siya sinasabi na ito ay backdoor entry sa ating pilot study. Ang pag-invest po ng Grab sa Move It ay isang business decision,”Hosaka highlighted that other participants in the pilot study also have their own investors, and that the DOTr did not oppose the buyout. “If I may direct this committee’s attention to section 7 of the TWG guidelines, it already specifically provides for a fare matrix, which Move It follows, and Move It adheres to follow such fare matrix even after the acquisition,” Albaña said.In an earlier press conference, Digital Pinoys national campaigner Ronald Gustilo pointed to how the fares of Grab significantly increased following its acquisition of Uber in 2018.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessMirror - 🏆 19. / 59 Read more »