The Philippine TNC has 3 new players on the market. Grab will soon have
competition in the ride-hailing industry.
The 3 New Transport Network Companies are the following:
Hype Transport Systems Inc.
Hirna Mobility Solutions Inc.
Golag Inc was issued a certificate of accreditation to be effective for 2 years from date of approval. It was approved on April 20,2018. Golag’s main area of operation will be in the province of Laguna but the company prefers to operate also in Metro Manila.
Hype Transport Systems Inc was issued a certificate of accreditation to be effective for two years. It was approved on April 18, 2018. Hype Transport Systems uses text messaging technology as an alternative means for customers to contact the service.
Hirna Mobility Solutions Inc was issued a certificate of accreditation to be
effective for 2 years from the date of approval. It was approved on April 18, 2018.
Hirna Mobility Solutions is similar to Grab. HirNa is an app used for hailing taxis.
The company is now fully operating in Davao City with at least 4,000 taxis in its pool.
After the departure of Uber, Grab is the sole TNC operating in the Philippines.
The addition of this new transport network company is good news for the Filipino people.
There will now be competition and each company will strive to do better than the other resulting in better service to the riding public.
The Philippine TNC’s 3 new players will surely try to convince the public to try
Offering lower fares than the competition is a common strategy for transportation companies but I hope that the riding public will not consider this as the sole basis for choosing a particular ride-hailing company.
Consider Grab, for instance, Grab is very much in the news these days because
of a lot of complaints from the riding public concerning ride cancellations which is not good.
The arrival of these new companies will make grab improve its service better or else it will lose its disgruntled clients who will go to the competitors for sure.