Grab gets license to operate taxis in Singapore

0
8K

Southeast Asia’s superapp Grab has obtained the Land Transport Authority (LTA) license to operate taxis in Singapore.

LTA said in a statement on Wednesday that it has awarded a street-hail service operator license (SSOL) to GrabCab Pte Ltd (GrabCab), a subsidiary of Grab Rentals Pte Ltd, and sister company of GrabCar Pte Ltd, which holds a ride-hail service operator license (RSOL) and a car-pool service operator license (CSOL).

“GrabCab’s entry into the street-hail sector brings the total number of taxi operators to six, providing drivers and commuters with more choices and is expected to boost taxi supply,” LTA noted.

Under the license, GrabCab will be allowed a three-year grace period to progressively expand their fleet to meet the minimum fleet size requirement of 800 taxis.

Valid for ten years, the license will commence from April 9, 2025.

GrabCab will need to comply with the conditions of its license, including meeting LTA’s safety standards and ensuring that partnership arrangements with drivers are non-exclusive in nature.

According to the statement, GrabCab’s license terms are consistent with that of other existing street-hail operators.

It noted the firm must ensure that its taxis are easily identifiable by street-hail customers, including having a prominent roof-top sign and a distinctive livery scheme.

Its vehicle models must be approved by LTA, and must meet requirements such as having sufficient boot space to carry a folded wheelchair or luggage.

Its street-hail services must also follow the same taxi fare structure components as other street-hail operators, and its fare must be prominently displayed, so that passengers are informed on the applicable fare rates.

 

#Grab #Taxi #RideHailing #Transport #Singapore

Sponsor
Zoeken
Sponsor
Categorieën
Read More
Other
Sohu’s Charles Zhang rings in 2025 with quantum mechanics and a lesson in lifelong learning
With chalk in hand, the Sohu CEO welcomed the new year in a lecture bridging science, everyday...
By Ifvex 2025-01-10 15:19:31 0 12K
Networking
CGC Digital, B2B Finpal partner to expand access to MSME financing through innovative digital solutions
CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC),...
By Ifvex 2025-06-10 09:00:33 0 5K
Shopping
Carro partners SY Holdings to expand tech-driven financing solutions
Carro, the Singapore-based online used car platform, has signed a Memorandum of Understanding...
By Ifvex 2025-08-26 03:09:39 0 1K
Networking
NAPAS brings Apple Pay to its cardholders in Vietnam
The National Payment Corporation of Vietnam (NAPAS) has on Tuesday brought Apple Pay, a...
By Ifvex 2025-04-17 08:49:41 0 9K
Causes
South Korea’s LG Innotek secures $200M funding from IFC to expand its production facility in Vietnam
South Korea-based LG Innotek, an affiliate of LG Group, has secured $200 million funding from the...
By Ifvex 2025-09-27 06:51:11 0 504
Ifvex https://smartcontent.me