Angkas reduces commission to give riders a boost amid hard times
At A Glance
- Angkas Chief Executive Officer (CEO) George Royeca committed in front of House of Representatives members on Wednesday, April 15 that the popular motorcycle ride-hailing company would be slashing its commission from 20 percent to 18 percent.
Angkas Chief Executive Officer (CEO) George Royeca (Facebook)
Angkas Chief Executive Officer (CEO) George Royeca committed in front of House of Representatives members on Wednesday, April 15 that the popular motorcycle ride-hailing company would be slashing its commission from 20 percent to 18 percent.
Royeca--speaking during the third hearing of the Legislative Energy Action Development (LEAD) Council--said the commission reduction was meant to help riders mitigate the impact of the Middle East conflict-triggered fuel price crisis.
"We will lower our commission for all of our bikers from 20 percent down to 18 percent while still maintaining the tiered commission scheme of 15 percent up to zero percent as added incentives of our bikers during the crisis,” Royeca told the 13-committee energy crisis council
'This tiered commission scheme was done in consultation with our bikers. Like all things in our government, resources are limited. And we did this scheme in order to prioritize those people that depend on our platform as their primary livelihood," he noted.
The Angkas boss and co-founder also shared that discounts, gas and food vouchers will continue to be given to its riders at their partner gas stations.
Marikina City 2nd district Rep. Miro Quimbo, presiding officer of the LEAD hearings, welcomed Royeca's announcement.
"Maraming salamat Ginoong Royeca. Nagpapasalamat kami sa inyong commitment today na hindi pa namin nakukuha [sa iba] (Thank you very much Mr. Royeca. We thank you for your commitment today, which we have yet to get from the others)," Quimbo said.