No more motorcycle rides for now
Grab has officially announced that they are temporarily stopping operations of their GrabBike service effective today, Feb. 4. If you recall, the company’s GrabBike service has been singled out by the Land Transportation Franchising and Regulatory Board (LTFRB) to halt their operations of the controversial service a week ago via a letter sent out by regional director and officer-in-charge Glenn Zaragoza.
Here’s Grab’s official position on the matter:
We stand firmly on our belief that we have created an innovative solution to the country’s transportation problem and we are working towards finding a way to continue providing it to the community. We’re hopeful that the authorities will reach a positive decision regarding the possible regulations to the service.
What’s your take on Grab’s legal woes with GrabBike? Let us know in the comments below.