JoyRide cuts commissions as fuel prices rise

MANILA, Philippines — Amid higher fuel prices, JoyRide Philippines is reducing commission rates for both motorcycle taxi (MC) and car services to ease the burden on driver-partners.

Starting today, the ride-hailing company will cut its base commission for MC taxis from 20 to 18 percent, with drivers able to bring this down further to as low as 15 percent under its tiered incentive program.

For four-wheel services, JoyRide Car slashed its commissions from 20 to 10 percent, making it one of the lowest rates in the transport network vehicle sector.

“This is our response to the financial strain caused by rising fuel prices, which continue to cut into drivers’ daily earnings,” JoyRide president Sherwin Yu said. “Fuel costs have a direct impact on the daily income of our driver-partners.”

JoyRide vowed to sustain its incentive programs and maintain coordination with its driver-partners amid the energy crisis.

Meanwhile, the Department of Social Welfare and Development condoled with the family of a delivery rider who died while lining up at the Quezon Memorial Circle to claim the DSWD’s cash assistance for public utility vehicle drivers.

“We’ve heard of the unfortunate incident and Secretary Rex Gatchalian  instructed a team to reach out to the family,” DSWD spokesperson Irene Dumlao said, adding that the agency would shoulder the cost of the rider’s burial.