- Hype is an exclusively local, newly-formed company.
- You can download the app starting May 19
- The new ride-hailing service will be available beginning May 27
The newest ride-hailing service company ‘Hype’ has finally got the LTFRB accreditation on April 18. Hype is expected to compete with Grab, after Uber sold its Southeast Asia operations to Grab.
Hype’s accreditation to operate as a Transport Vehicle Network Service is valid for two years.
Hype’s base fare is P40 with additional charge of ₱14 per kilometer for their Sedan cars.
“We don’t have per minute [rate] and no hidden charges,” said Nick Escalante, Hype’s President and CEO.
Students, senior citizens and persons with disability (PWD) will automatically get discounted fares.”
Passengers can book a ride even without internet connection but by simply using SMS or text messaging applications. The Hype app also has an “SOS” button feature that drivers and passengers may use in times of emergencies.
“Hype” can accommodate up to 65,000 transport network vehicle service (TNVS) drivers as approved by the Land Transportation Franchising and Regulatory Board (LTFRB) It vows to implement a “one-strike policy” apprehension among its drivers in the event of violations.
The “Hype” app can be downloaded beginning May 19 while its operations will officially start on May 26.