EconomyForex

JoyRide gets nod for 4-wheel transport service

1 Mins read

MOTORCYCLE ride-hailing service JoyRide announced on Monday that it had received approval from the Land Transportation Franchising and Regulatory Board (LTFRB) to operate as a transport network company (TNC).

“We are grateful that JoyRide Car is now one of the accredited 4-wheel TNC in the Philippines,” JoyRide Senior Vice-President for Corporate Affairs Jose Emmanuel “Noli” M. Eala said in an e-mailed statement.

The company said it received its certificate of accreditation as TNC from the LTFRB on Feb. 24.

To recall, JoyRide launched its motorcycle ride-hailing services in 2019.

“We are very excited to have JoyRide Car as one of the newest services available in our superapp. As always, we remain committed to providing value-for-money quality service to the public through the use of a powerful and scalable technology platform,” Mr. Eala said.

“We view this as a good development as commuters will now have another viable choice for safe, comfortable, and affordable car rides to their destination,” he added.

JoyRide’s app currently houses multiple mobility products, including JoyRide MC Taxi (motorcycle ride-hailing), JoyRide Delivery (express motorcycle deliveries), JoyRide Pabili (buy-for-me services), JoyRide Taxicle (tricycle ride-hailing), and Happy Move (2-wheel and 4-wheel courier deliveries for business).

The app also has JR Mall (online marketplace for food, groceries, and other non-food items), Buy Load, and COVID-19 (coronavirus disease 2019) Home Testing services.

The company offers its services in Metro Manila, Rizal, Bulacan, Cavite, Laguna, Baguio, and Metro Cebu.

JoyRide said that since 2019, it has onboarded more than 20,000 Kasundo Driver-Partners with vehicles ranging from motorcycles, cars, vans, and trucks.

“JoyRide Car is now accepting transport network vehicle service, or TNVS, drivers and operators to register as partners,” it added. — Arjay L. Balinbin

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