Grab Philippines will enter into the motorcycle taxi business ahead of the legalization of two-wheeled taxis in the country.
Grab is investing P15 million in a one-hectare facility in Marikina.
“We are preparing our facilities and training our own drivers. It’s up to the TWG (technical working group) when they will allow us to enter,” said Grab president Brian Cu.
“We do see that there’s a demand. In the supply side, there are a lot of Grab food drivers, who are interested in doing motor taxis,” Cu said.
The Land Transportation Franchising and Regulatory Board allowed Angkas, Joyride and Move It to participate in a pilot test for motorcycle taxis in Metro Manila, Cebu and Cagayan de Oro. The pilot run will end March 23 this year.
Government imposed a cap of 63,000 bikers for the three players—45,000 bikers in Metro Manila, 9,000 in Cebu and another 9,000 in Cagayan de Oro.
Angkas has 23,164 bikers in Metro Manila, 4,500 in Metro Cebu and 925 in Cagayan De Oro, while Joyride has 15,000 in Metro Manila, 4,488 in Metro Cebu and 198 in Cagayan de Oro.
Move It has 6,836 in Metro Manila with no operations in Cebu and Cagayan de Oro.
Grab last week asked the LTFRB to maximize the 65,000 transportation network vehicle service slots following the sharp decline in the number of active drivers.
Cu said the additional supply would replace the thousands of drivers who churned out and serve the estimated 5.2 million ride-hailing passenger bookings forecasted to happen starting this month.
Cu added his request to maximize the current supply cap aimed to proactively address a looming commuter pain point similar to that experienced in December when there were around three million booking requests served by a scarce supply of 35,000 TNVS drivers.