InDrive gains ground in PH market

Global ride-hailing app InDrive, which had a bumpy start in the Philippines, has made inroads after resuming its operations last year—and it is keen on enlisting more drivers to expand its services across the country.

Sofia Guinto, InDrive business development head, told reporters in an interview in Quezon City last week that more Filipinos have been booking their rides via InDrive.

“Within seven months, we were able to see that there’s a growth of 10 times in terms of our rides,” she said.

As of end-2024, InDrive had 13,000 driver partners. InDrive regional Asia Pacific director Mark Tolley said they were targeting to grow this by 30 percent to 40 percent this year to address the increasing demand for ride-hailing services.

“If we talk about the needs, probably specifically, the mobility market over the last few years has grown quite tremendously. In fact, over the next four to five years, this industry itself will look at a compound annual growth rate of about 7 percent,” he explained.

It has been enticing drivers to join its platform with zero commission fees since it established business in the country.

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Tolley said they were still studying when to start imposing commission fees to make the business sustainable. However, the company previously assured its rates were lower compared with industry average, allowing drivers to pocket more earnings while keeping fares cheap.

InDrive was given the go signal to resume operations in June last year after removing its price-haggling feature.