Grab Introduces GrabShare Carpooling Service in Hanoi to Alleviate Traffic Congestion
Hanoi, 8 June 2017 — Grab, the leading ride-hailing platform in Southeast Asia, today officially launched GrabShare, Vietnam’s first on-demand commercial carpooling solution in Hanoi. GrabShare relies on existing GrabCars to provide passengers up to 30% cheaper rides from standard GrabCar fares while helping drivers earn more by completing two passenger bookings in a single trip. By encouraging passengers to share their car ride, GrabShare matches two bookings in one trip to maximize a vehicle’s capacity, thus reducing the number of cars needed to help ease congestion and reduce carbon emissions. Hanoi is the sixth city in South East Asia where GrabShare is available and Vietnam is the first country in the region to have two cities with GrabShare.
GrabShare uses GrabCar (private hire car-hailing) to provide the company’s fourth transport option in Vietnam and complements GrabTaxi (taxi-hailing) and GrabBike (private hire motorbike-hailing). GrabShare is testament to Grab’s commitment to developing tailored solutions to solve local transport challenges and improve people’s lives.
Conceptualized, designed and engineered across Grab’s research and development centers in Singapore, Seattle and Beijing, GrabShare’s matching algorithm ensures passengers get to their destinations in the shortest possible time. The algorithm calculates and determines a match by factoring the closest available drivers, travel time, overlap of trip routes, detour distance and current traffic conditions before intuitively sequencing pick-ups and drop-offs.
“We are proud to bring Vietnam’s first-ever commercial carpooling solution to Hanoi. Using our existing pool of GrabCar drivers, GrabShare helps our drivers earn more whilst gets our passengers to carpool to their destinations with a more pocket-friendly fare with minimal detours, thus reducing the number of cars needed on the road to help ease congestion and lower carbon emissions” — said Jerry Lim, Grab Vietnam’s Country Head.
To get passengers quickly to their destinations, GrabShare pairs just two passenger bookings with similar trip routes within a single trip. Passengers will only experience a maximum of two stops before reaching their destinations. For example, if Passenger A commences the ride and is paired with Passenger B, depending on the more efficient trip route, Passenger A may make a first stop to pick-up Passenger B and a second to drop-off Passenger B.
First introduced in Singapore last December, GrabShare is being progressively launched across Southeast Asia and is now also available in the Philippines, Malaysia, Indonesia and Vietnam. GrabShare has proven effective in attracting more new riders to the Grab platform. Along with the rapid passenger adoption of GrabShare, Grab has seen an improvement in passenger matching rate by 50 per cent in the three new cities that launched GrabShare in 2017. GrabShare is also helping to increase driver monthly incomes by 15 per cent on average.
Today, Grab is supported by over 930,000 drivers in 55 cities across 7 countries, which includes its recent expansion into Yangon, Myanmar. With over 45 million mobile downloads of the Grab app to-date, Grab is now moving into mobile payments with GrabPay, its in-app cashless payment platform. Grab recently announced its new Research and Development (R&D) center in Ho Chi Minh City to capitalize on the thriving pool of engineering talent in the country and to play a role in providing Vietnamese talent with more opportunities.
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