It’s official. Uber is giving up its operations here in the Philippines and other Southeast Asian countries.
In a statement posted on Monday, March 26, Uber Technologies Inc. has agreed to sell its Southeast Asian business to its regional rival Grab.
“Today we announce an important milestone in the ridesharing industry — Grab has acquired Uber’s business in the Philippines and in Southeast Asia. Two of the biggest TNCs in the Philippines have come together to serve Filipinos better.”
“I would like to reassure the government and the public that we will continue to work in a collaborative and open manner. We will keep our commitment towards quality of service. We will continue to adhere to regulatory guidelines on activations and pricing,” Grab Philippines’ Country Head, Brian Cu said.
According to the statement, passengers will get to enjoy shorter waiting times, more convenient and affordable rides through one platform. They can also use GrabRewards, an in-app loyalty program that allows them to instantly earn points that they can use to redeem offers such as vouchers for mobile load, food, shopping discounts and more. It can also be used to redeem points for discounts off your next ride.
Driver-partners will get access to Grab’s driver support services, incentives and offers, and additional services to protect and enhance their welfare — from personal accident insurance to micro-financing.
After this announcement, netizens expressed their dismay regarding the merging of Uber and Grab. Here are some of the tweets that we’ve seen:
I don’t agree with this merging of Uber and Grab in SEA. I dislike monopoly in all forms. It breeds mediocrity and corruption.
— Jhemerlyn Ching (@IrishDDizon) March 26, 2018
This sucks. Uber is cheaper than Grab and Grab has absolutely horrible customer service.
— Cathy Fong (@cathy_fong) March 26, 2018
WHAT THE FUCK UBER AND GRAB ARE COMBINING. NOW WE CANT SEE WHICH IS CHEAPER AND TAKE THE CHEAPER ONE. IT’LL ALL BE SAME PRICE FUCK
— Deckard Shaw (@ffneegahh) March 26, 2018
If there's one thing this Grab-Uber merge will have, it's definitely a higher pricing for fares.
Competition does matter — for improved quality service for an affordable and competitive price.
Otherwise, a monopoly would cause the opposite.
— Kiko Santos (@santoskiko_) March 26, 2018
Uber has agreed to sell its Southeast Asian operations to Grab.
I kinda like when both Uber and Grab are still rivals. I can choose whichever that has a cheaper fare. But now…
— UYAINA (@UyainaArshad) March 26, 2018
Damn. Apparently, Uber is gonna be completely gone and we’ll only be able to use Grab from now on. I thought a single corporation would be handling both companies! Ang mahal po ng Grab pls lang.
— Sarah Carlos, *future* CPA (@whenisaysarah) March 26, 2018
And yung concern ko lang is baka mamaya maging monopoly yung grab. Kapag sobrang taas na ng fares nila, we dont really have a choice but to take it kasi wala na namang ibang competition 😩🙈
— Kristin (@kristindlcrz) March 26, 2018
— Fated Blue (@anima9) March 26, 2018
The Uber service will be available in Southeast Asia for two more weeks until April 8. Thery are also encouraging their riders to download and use the Grab app to book rides for your traveling needs in Southeast Asia.
Thank you so much, Uber Philippines! We will miss you!