Shuttle buses in Southeast Asia will be powered by RideCo’s platform

Grab and RideCo, a provider of microtransit technology, have entered into an agreement for RideCo’s platform to power Grab’s dynamic shuttle bus and van businesses.

Following a successful trial in Singapore, the expanded partnership enables RideCo to power several dynamic on-demand services for Grab. These include short-distance trips within neighbourhoods, long-distance trips between neighbourhoods and daily transportation for corporate clients’ employees.

Prem Gururajan, CEO of RideCo, stated: “Grab is at the forefront of innovation in the dynamic shuttle space in South East Asia. We are thrilled to partner with them. Their agile and innovative Grab Shuttle team has been a pleasure to work with. We look forward to supporting their corporate and consumer clients with the ground-breaking potential of dynamic shuttle technology.”

Users can book rides immediately or up to seven days in advance. Within 12 weeks of the trial, the ridership has already been growing at least 15 per cent per week.

James Ong, Head of GrabShuttle, said: “At Grab, we have created a transport platform that caters to all passengers regardless of age, income or special needs. We are excited to expand our partnership with RideCo to provide greater speed and accessibility to our communities, while keeping cost extremely affordable. We believe that these dynamic shuttle bus and van services will complement the existing public transport network, allowing companies and individual consumers alike to benefit from shared transportation.”