Grab PH acquires Move It operations

Grab Philippines has acquired motorcycle taxi firm Move It, marking its entry into the fast-growing market.

Photo from Grab

Grab enters the motorcycle taxi market through Move It

According to Grab Philippine's senior director for operations and strategy Ronald Roda, Move It will not be branded as Grab.

There's a change in ownership, but there's no merger of operations, Roda said.

In a statement, Grab also stressed that Move It will operate independently.

Following the deal, Grab intends to grow Move It's fleet with at least 6,000 partner-drivers "within three months."

The company will also work with Move It to further enhance its safety and service quality standards to be at par with Grab’s motorcycle taxi services across Southeast Asia.

Last year, the two firms partnered to allow Grab users to book Move It services using the former's mobile app. However, the technical working group stopped the partnership as the motorcycle taxi pilot program does not include a fourth player.

Currently, Angkas, JoyRide, and Move It are included in the pilot study.

Ikinagagalak namin ang suporta at pagtitiwala na ibinigay sa amin ng Grab - ito ay pagpapatunay sa kahusayan ng Move It nitong mga nakaraang taon. At sa panibagong yugtong ito: mas marami pang mga mananakay na lubos na nahihirapan sa pag-cocommute ang ating maseserbisyuhan, Move It Chairman Francis Juan said.

Source: GMA News