On March 13, Grab announced temporary service-price adjustments and a new additional incentive programme for driver-partners amid continuing volatility in global energy markets. The announcement said the measures took effect on March 10 and would remain until further notice.
Recent rises in LPG and petrol prices had placed an immediate financial burden on independent driver-partners. Grab said it was pursuing two forms of support to keep driving a sustainable livelihood: direct additional incentives for each completed trip, paid to drivers to help offset higher fuel costs; and temporary, limited adjustments to its dynamic-pricing system so automated prices could respond to changing economic conditions.
Kang Sovannaroth (Mike), managing director of Grab for Cambodia and Myanmar, described driver-partners as the heartbeat of its services. He said fuel prices directly affected their income as they safely took customers to work, school and home. He believed customers would agree that everyone needed to support drivers to keep the wheels turning.
The report described Singapore-headquartered Grab as a leading Southeast Asian technology platform operating in delivery, mobility and digital financial services, serving more than 800 cities in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Writer: Nget Pisant.
