Grab, Move It roll out fuel discount, incentives for drivers amid soaring pump prices

Ride-Hailing Platforms Roll Out Fuel Discounts and Incentives Amid Soaring Pump Prices

As global oil prices continue to rise, ride-hailing and motorcycle taxi platforms Grab Philippines and Move It are taking proactive steps to support their driver-partners amid the increasing cost of fuel. The companies have announced a financial support package designed to help drivers maintain their earnings and adapt to the volatility in the global fuel market.

Proactive Measures Amid Fuel Price Volatility

In an effort to mitigate the impact of soaring fuel prices, Grab Philippines and Move It are offering a range of incentives aimed at stabilizing driver take-home pay. This includes

• Fuel Discounts Driver-partners using four-wheel and two-wheel vehicles will have access to fuel discounts of up to P4 per liter through partnerships with Seaoil Philippines, Caltex, and Blu Energy at participating stations nationwide.
• Rebates Grab Finance will offer a fuel rebate program for nearly 20,000 eligible drivers and riders using the Shell Fuel Card. From March 16 until the end of the month, partners who refuel using the card will receive a P3-per-liter rebate credited directly to their accounts.

Practical Support for Drivers

The companies are also introducing new incentives aimed at stabilizing drivers' take-home pay despite rising operating costs. These include

• Commission Rebates GrabCar drivers will receive commission rebates under a revised incentive structure designed to return more value to drivers through per-trip cashback and targeted rebates during peak periods.
• Spot Bonuses Motorcycle delivery partners working with GrabFood will receive a P3 spot bonus for every completed delivery nationwide, regardless of the number of hours they spend online.

Collaboration with Regulators

Grab Philippines and Move It are coordinating with regulators to address the impact of the fuel price surge on ride-hailing and motorcycle taxi operators. This includes working with the Land Transportation Franchising and Regulatory Board and the Department of Transportation (Philippines) to develop support programs for transport workers.

Government Support

The government has recently announced a P5,000 fuel subsidy for transport workers to be distributed by the Department of Social Welfare and Development in coordination with the transportation department. Transport network vehicle service (TNVS) drivers are among the beneficiaries.

A Call to Action

As the global fuel market remains volatile, it is essential that ride-hailing platforms, regulators, and government agencies continue to work together to support transport workers and ensure the sustainability of the industry. With the right support programs in place, we can navigate this challenging period and emerge stronger than ever.

Key Takeaway Ride-hailing platforms Grab Philippines and Move It are taking proactive steps to support their driver-partners amid soaring fuel prices by offering fuel discounts, rebates, and additional incentives.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.