Three new ride-hailing startups to challenge Grab's 'monopoly' in PH

Three new ride-hailing startups to challenge Grab's 'monopoly' in PH

Photo: Grab's Facebook page

Three new ride-sharing startups – Go Lag, Owto, and Hype – are set to operate in the Philippines soon to compete with Grab, according to the country’s Land Transportation Franchising and Regulatory Board (LTFRB).

LTFRB Board member Aileen Lizada was quoted in an Inquirer report as saying that the three local ride-sharing companies are already in the process of complying with the necessary accreditation before they can start operating.

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