Posted by FortuneBull777 > 2023-05-15 13:14 | Report Abuse

Reality!

Be the first to like this.

8 comment(s). Last comment by nicholas99 2023-05-16 09:17

Posted by FortuneBull777 > 2023-05-15 13:16 | Report Abuse

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!

Posted by FortuneBull777 > 2023-05-15 13:18 | Report Abuse

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!

qqq47660

9,012 posts

Posted by qqq47660 > 2023-05-15 13:48 | Report Abuse

the best the government can do is fact based and introduce competition and prevent monopolies, not pluck figures from the air whether 10% or 20%.

nicholas99

9,906 posts

Posted by nicholas99 > 2023-05-15 15:05 | Report Abuse

Grab listed in nasdaq. they have to answer to their shareholders. so, gg.com.

qqq47660

9,012 posts

Posted by qqq47660 > 2023-05-15 15:56 | Report Abuse

very difficult to understand Grab.......they are every where yet loses billions.

Posted by FortuneBull777 > 2023-05-15 20:22 | Report Abuse

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!

speakup

27,061 posts

Posted by speakup > 2023-05-16 07:51 | Report Abuse

Grab used to be cheap when the war between Grab & Uber was on.
Now after Grab got monopoly they raised prices like crazeeee

nicholas99

9,906 posts

Posted by nicholas99 > 2023-05-16 09:17 | Report Abuse

all also like that lazada and shopee early.. also give a lot of discount. now.. its time to chop you. same with grab..

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