I took Grab recently and found that the fare is quite reasonable nowadays! However, many Grab drivers have genuine concern, due to high commission for ehailing companies vs earning for drivers!
I mean, 20% is huge! Given the super low fare that ehailers are changing nowadays! It does not make sense for edrivers at all! Operating a car or motorcycle is not cheap! 25 cents per km is really outrageous! The fare should be around 50 cents per km at least to justify 20% commission rate! I hope Anthony Loke steps in for sake of edrivers and set the commission to 10% due to low fare!
QQQ! Grab doesn't loss money! They use whatever profit their make to expand, expand, expand and expand! So you see losses on their accounts! What we don't see is that, if they remain the same, the profit would be huge! By expanding, they hide whatever profit they make! That's how most of today billonaire make their money!
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Posted by FortuneBull777 > 2023-05-15 13:14 | Report Abuse
Reality!