Grab's base fee hike drives debate over competitiveness
Ride-hailing company says move is aimed at improving driver earnings, though some question the timing
Singapore
ALL eyes are on the next moves by the ride-hailing and taxi industry, as dominant player Grab is set to hike its base fare from June 1.
On Tuesday, Grab announced that it will raise its current base fare by S$1 across all transport services, except for the Standard Taxi, GrabHitch and GrabCoach services.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.