Grab rides to cost 30 cents more from Jan 1 with platform fee hike

Yahoo Finance
2025.12.24 06:35
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Grab, Singapore's largest ride-hailing firm, will increase its platform fee by 30 cents to $1.20 from Jan 1, 2026. This hike supports updates to drivers' CPF contributions under the Platform Workers Act and will fund platform maintenance and service improvements. The fee applies only to transport rides, with other services unaffected. The CPF contribution rates for platform workers and operators will gradually increase over the next five years, potentially leading to further fee adjustments.