Ride-hailing app InDrive bullish about growth this year

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Ride-hailing app InDrive bullish about growth this year
Michelle Ong,
ABS-CBN News
Published Sep 02, 2024 05:23 PM PHT

MANILA -- InDrive, which resumed its ride-hailing services in the Philippines in June, said Monday it was confident it can onboard 20,000 new partner-drivers in Metro Manila by the end of this year.
MANILA -- InDrive, which resumed its ride-hailing services in the Philippines in June, said Monday it was confident it can onboard 20,000 new partner-drivers in Metro Manila by the end of this year.
Natalia Makarenko, the company's marketing director for Asia Pacific, also said the firm wants to launch in 2 or 3 more cities before the year closes, and get 3,000 more drivers from these areas.
Natalia Makarenko, the company's marketing director for Asia Pacific, also said the firm wants to launch in 2 or 3 more cities before the year closes, and get 3,000 more drivers from these areas.
"Being a relatively late alternative to the one and only dominant player in the market, we enjoy the position of the second option that the users might use. And of course, this totally aligns with our values of the company, which is basically providing the freedom of choice to the people in different communities across the globe," she said.
"Being a relatively late alternative to the one and only dominant player in the market, we enjoy the position of the second option that the users might use. And of course, this totally aligns with our values of the company, which is basically providing the freedom of choice to the people in different communities across the globe," she said.
InDrive’s unique proposition was that it lets drivers and passengers negotiate for fares, after which both parties have the freedom to accept or turn down the transaction altogether.
But the company removed this feature after the Land Transportation Franchising and Regulatory Board (LTFRB) decided that the company’s business model violated its fare system.
But the company removed this feature after the Land Transportation Franchising and Regulatory Board (LTFRB) decided that the company’s business model violated its fare system.
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--ANC, 2 September 2024
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