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In 2017, regulations to safeguard commuter interests were introduced with the advent of the private hire car operators, Uber and Grab - the requirement to have a Private Hire Car Driver's Vocational Licence (PDVL), as well as tamper-evident blue colour decals. Taxi driver licences are also standardized to become the Taxi Driver's Vocational ...
In September 2018, Singapore required that drivers cannot be exclusive to Grab, in an attempt to open the ridesharing market to competition. [206] [207] [208] In September 2020, Singapore required that drivers will now have to be at least 30 years old and be Singapore citizens, in a move that could reduce the industry's current glut of drivers.
Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore.It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
Grab is undergoing a restructuring focused on lowering costs, with measures including cuts to its cloud bill and consumer and worker incentives. "While we tried to optimize our bottom-line, we're ...
A driving licence in Singapore is required before a person is allowed to drive a motor vehicle of any description on a road in the country. Like many other countries in the world, an individual must possess a valid driving licence before being permitted to drive on the road, and driving licence holders are subject to all traffic rules.
Ride-hailing firm Grab has launched a pilot program for motorbike hailing in Malaysia, barely a month after regional rival Gojek was given the green light to begin limited operations in the country.
Grab took a hit of more than 500 basis points on both revenue and gross merchandise value as Southeast Asian currencies weakened against the U.S. dolla Singapore's Grab misses quarterly revenue ...
When drivers reach 60 years old, they may continue to drive taxis until 65 years old provided they pass annual physical examinations. Though there is a limit on the number of taxi licenses issued, taxi drivers who have maintained a clean driving record for six consecutive years can apply to drive taxis under personal licenses. [28]