ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Grab to refund Philippine passengers for overcharging

Watchdog also fines company for driver-initiated ride cancellations

Grab is refunding passengers in the Philippines for overcharging.    © Reuters

HANOI -- Grab said Thursday that it would refund a total of 14.1 million pesos ($278,000) to the GrabPay wallets of passengers in the Philippines after the country's competition watchdog accused the ride-hailing company of overcharging.

According to local media reports, the Philippines Competition Commission ordered Grab Philippines to also pay an additional fine of 2 million pesos due to driver-initiated ride cancellations this year. This amount will be paid to the commission directly.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more