Here’s A Quick Look at the Five Upcoming TNVS Companies Set to Rival GrabPH

Yesterday, I was trying to book a Grab car to go to work, and it took a whole 30 minutes before I finally got one.

 

Another time, I was trying to book a ride back home after calling it a day at the office. Despite the lateness of the hour (it was close to 9 PM then), I had to keep refreshing the app several times before I managed to get a driver. I ended up getting home close to 11 PM.

 

My story isn’t unique, though. Ever since Uber sold its Southeast Asian operations to Grab a couple months back, those of us who depend on ride-sharing apps to get around have had to deal with lengthy booking times, unbelievable price surges, and subpar service. That’s what happens when a company has the monopoly on an industry, I suppose.

 

This is probably why the Land Transportation Franchising and Regulatory Board (LTFRB) began accepting the applications of new transport network vehicle service (TNVS) companies back in February. Not long after Uber’s official exit, its Singapore-based rival was accused of excessive surge pricing and illegally augmenting their fares by Php2 per minute, thus giving credence to the Philippine Competition Commission’s (PCC) expression of alarm over Grab monopolizing the TNVS sector.

 

As of this writing, five new TNVS companies have been given the go signal to begin onboarding. Their names, classifications, and fare schemes are as follows:

 
New TNVS in the Philippines

Image Credit: Commuting Guide

 

GoLag.

   

Operated by: GoLag, Inc.

Accredited by LTFRB: 20 April 2018

Type: Ride-sharing service

Base fares: Php40-Php90

Per-kilometer charges: Php14-Php18

Price surges: Up to 1.5x

Per-minute charges: Php2

Cancellation fees: None

Areas of operation: Metro Manila, Bulacan, Cavite, and Rizal

 

HirNa.

   

Operated by: Hirna Mobility Solutions, Inc./Avis Philippines

Accredited by LTFRB: 18 April 2018

Type: Taxi-hailing service

Base fares: TBA

Per-kilometer charges: TBA

Price surges: TBA

Per-minute charges: TBA

Cancellation fees: TBA

Areas of operation: Davao, but they plan to expand to other areas

 

Hype.

   

Operated by: Hype Transport Systems, Inc.

Accredited by LTFRB : 18 April 2018

Type : Ride-sharing service

Base fares : Php40- Php80

Per-kilometer charges : Php14-Php15

Price surges : Up to 2X

Per-minute charges : None

Cancellation fees : None

Areas of operation : Metro Manila

 

Micab.

   

Operated by : Micab Systems Corp.

Accredited by LTFRB : 30 April 2018

Type : Taxi-hailing service

Base fares : TBA

Per-kilometer charges : TBA

Price surges : TBA

Per-minute charges : TBA

Cancellation fees : TBA

Areas of operation : TBA

 

OWTO.

   

Operated by : Ipara Technologies and Solutions Inc.

Accredited by LTFRB : 24 April 2018

Type : Ride-sharing service

Base fares : Php40-Php60

Per-kilometer charges : Php12-Php17.50

Price surges : Up to 2X

Per-minute charges : Php2

Cancellation fees : Php50

Areas of operation : Metro Manila

 

While the LTRFB has already approved the aforementioned companies, their onboarding processes are still ongoing, so Grab still rules the ride-hailing industry.

 
driving

Image Credit: Pexels

 

For now, at least. Those of us who rely on TNVS units for a safe and affordable way to get around the city aren’t exactly keen on going back to the days before ride-sharing. Let’s hope that the new entrants either provide us with more choices or at least push the industry’s reigning giant to step up their game.

Serena Estrella

Serena joined iRemit back in 2016, and has tormented its Marketing Head constantly ever since. To get through the rigors of writing about grave concerns like exchange rates, citizenship requirements, and PH-AU news, she likes to blast Mozart, Vivaldi, ONE OK ROCK, and Shigeru Umebayashi in the background. She does a mean Merida voice in her spare time too.

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