Grab to charge 30-cent platform fee for most rides in Singapore from Dec 1

SINGAPORE — From next Friday (Dec 18), Grab will start charging a 30-cent platform fee for most of its ride-hailing services.


The news came three weeks after Singapore’s competition watchdog released the ride-hailing firm from the directives it imposed after Grab’s merger with Uber in 2018. These included ordering the firm to keep its pricing and pricing policies before the merger.


Grab said on its website on Friday that the fee, which includes Goods and Services Tax, would be borne by passengers, and would go towards improving the firm’s services and supporting its drivers.


It will be applied to all rides booked through the Grab mobile application — except for GrabHitch, its social carpooling option, and GrabResponse, its non-emergency hospital transport service.


The company said that the platform fee was an “industry-standard fee” that many online platforms, such as delivery services, ride-hailing companies and vacation rental sites, impose for using their services.


Read more at https://www.todayonline.com/singapore/grab-charge-30-cent-platform-fee-most-rides-singapore-dec-18
 
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