Jamaine Punzalan

Article (news)

Arthur Fuentes

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1739425623508LALAMOVE.png" style="width:960px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">Lalamove/Handout </span></span></span></div><div><br/></div><p>MANILA - Lalamove is entering the ride-hailing market this year and will offer low fares as well as a low commission rate as an incentive to attract drivers to its service, the company formally announced on Monday.</p><p>Lalamove said it is targeting to onboard 15,000 drivers by June this year. The company said it will launch its service in the Greater Manila  Area, Pampanga, and Cebu.</p><p>The company, which commands a large chunk of the package delivery market in the Philippines, is seen to offer competition to Grab, which currently dominates the ride-hailing sector.  </p><p>&quot;And to make it more rewarding for partner drivers, we’re starting with a two-percent (2 percent) commission rate, so they get to take home 98 percent of their earnings on top of Panalomove partner driver benefits,” said Djon Nacario, Lalamove Philippines Managing Director.</p><p>Lalamove noted that in the past, desperate commuters used the app to get themselves &quot;delivered&quot; to their destination. This was however not allowed by its policy against transporting humans and other living beings.</p><p>“There may be a lot of competition in the ride-hailing scene, but it’s undeniable that many people have been clamoring for Lalamove to expand its services to ride-hailing even before the pandemic given the convenience and affordability we offer,” said Nacario.</p><p>Lalamove said it will also offer cheaper ride-hailing fares versus other platforms, while adhering to the ride-hailing pricing matrix of the Land Transportation Franchising and Regulatory Board (LTFRB). The company however did not say how much its fares would cost.</p><p>Nacario also said that Lalamove Ride partner drivers can take both delivery orders and ride bookings – but not at the same time.</p><p>“For example, they can maximize their earnings through ride bookings during peak hours, and take delivery orders during non-peak hours. And like with delivery, our partner drivers have the liberty to choose the orders they want, aligned with our goal of democratizing on-demand delivery, and this time, even ride-hailing,” Nacario added.</p><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/3dO2ky9L3ug?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>Lalamove is entering the ride-hailing market this year and will offer low fares as well as a low commission rate as an incentive.</p>

Lalamove is entering the ride-hailing market this year and will offer low fares as well as a low commission rate as an incentive.

Lalamove enters ride-hailing market, offers low fares and commission rates on launch

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Lalamove enters ride-hailing market, offers low fares and commission rates on launch

Arthur Fuentes,

ABS-CBN News

Published February 10, 2025 05:11 PM PHT

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Updated February 13, 2025 01:47 PM PHT

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