Grab halves commissions for drivers, lowers criteria for weekly payout
Claudia Chong
Singapore
GRAB is halving its commission rate for private-hire drivers from Monday till May 4, in light of the latest Covid-19 circuit-breaker measures that are expected to drive down demand for rides even more.
In addition, drivers who rent their cars from Grab's vehicle rental arm will get an additional 50 per cent commission reduction, meaning they will not need to pay any commission to Grab.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead
Indonesia targets year-end start for US$30 billion clean power exports to Singapore
Seatrium surge leads Singapore stocks slightly higher on Tuesday; STI up 0.1%