Grab says Move It continues to operate independently
Grab Philippines said on Saturday that Move It continues to operate independently, months after acquiring the motorcycle taxi company.
Grab said in a statement that Move It has its own sets of driver benefits, supports and other benefits that are separate from those of Grab’s delivery partners.
The company said the motorbike taxi company’s business model is “significantly different from deliveries, and to say that these delivery issues apply to motorbike taxis is incorrect and misleading.”
Grab made the statement “in light of the November 10 event in Cebu.”
“[W]We are saddened that these groups have used fake social media accounts to harass, incite threats of harm, misinform and even make false reservations about our community,” the company said, noting that several of the people who allegedly passed off as Grab delivery partners “are not actually Grab delivery partners”, according to its records.
“These individuals are determined to sow discord and discontent, and are prepared to endanger the livelihoods of many Grab partners,” he said.
“The sentiments of these groups do not represent the general sentiment of Grab’s broader partner communities across the country.”
In August, Grab announced its acquisition of Move It for an undisclosed amount, but said the value of the deal fell below the Philippine Competition Commission’s 1 billion peso threshold for mandatory M&A notification. .
The CCP said earlier that Grab’s acquisition of Move It didn’t need its go-ahead.
Transport Secretary Jaime Bautista earlier said he was unwilling to review the Grab-Move It deal as he sees no legal issues with the deal.
“We continue to engage our partners, and a far greater majority of them are choosing to stay on the platform because they understand and appreciate the recent steps we’ve had to take for their well-being and well-being. be,” Grab said.
“Our partners need meaningful livelihood opportunities to be able to provide for their families, and we are focused on supporting them during these very difficult economic times,” he said.
Grab said it reaffirms its long-standing commitment to empowering its partners across the country, and “we are fully motivated to find ways to ensure our partners continue to earn meaningfully from the platform despite a very difficult economy. — VBL, GMA Integrated News