inDrive, an international ride-hailing service, is set to compete with Grab Philippines after it got approval from the Land Transportation Franchising and Regulatory Board (LTFRB).

The company, which was founded in Russia and now has a headquarters in the United States, has one unique feature: it lets passengers and drivers haggle fares. Upon booking, the passenger can suggest the fare for the ride, and the driver can accept the offer, decline, or propose a counteroffer without having to worry about penalties.

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Now, inDrive is officially recognized by the Philippines’ LTFRGB as a transport network company.

inDrive said that they are now focusing on driver recruitment and are offering USD10 worth of fuel vouchers and other perks. They will pilot their driver registrations in Baguio, Bacolod, Iloilo City, Butuan, and Cagayan de Oro until December 31.

Before coming to the country, inDrive had been operating in more than 700 cities in 45 countries. With such expertise, current market leader Grab is facing tough competition.

Grab had as many as 65,000 vehicles in its fleet before the pandemic. We’ll see how this new competition will effect consumers in terms of service quality and pricing.

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