Grabcar, 1st govt-legalized transport network firm

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Grabcar, the private hire vehicle booking service available via the GrabTaxi app, was the first and only service of its kind which the government accredited Transportation Network Company (TNC) in the country, and in the region, for that matter.

“With our full accreditation from the Land Transportation Franchising & Regulatory Board, more Filipino commuters will be able to use Grabcar and  be confident that we offer a legitimate and safe private hire service, ” according to Grabcar Head Natasha Bautista.

Just in May, this year, the Department of Transportation and Communications created a new classification to accommodate mobile, app-based booking services.

Last week, July 3, Grabcar became the first company to complete all the state requirements – business permit, Bureau of Internal Revenue registration, business model proposal, complete with fare rates, service charges plus complaint mechanism versus vehicle owners as well as drivers – and gain full accreditation as a TNC.

For this reason, safety remains to be Grabcar’s top priority.

“We are committed to screen and train our GrabPèer drivers for Grabcar in full compliance with LTFRB accreditation requirements, with the highest standard possible, ” Bautista stressed.

GrabTaxi’s mission is to revolutionize Southeast Asia’s transport industry. Its core product is an on-demand dispatch service with Global Positioning System enhancements, allowing passengers to hail the nearest available taxi, car or motorbike with ease.

Since its founding in 2012, over 101,000 drivers have been using GrabTaxi smartphone- based technologies to receive bookings in Malaysia, Philippines, Vietnam, Thailand, Indonesia and Singapore.

With over 5.5 million downloads of the GrabTaxi mobile app around the region and 10 bookings per second, GrabTaxi has become the market leader in Southeast Asia.