Angkas Looks to Enter Four-Wheel TNVS Industry Later This Year

Angkas, the local motorcycle-hailing service, is looking to expand its services by entering the four wheel transport network vehicle service (TNVS) market later this year.

Angkas – Angcars and More Plans

Company CEO, George Royeca revealed in a town hall about its plan to offers an Angcars service with an Economy and a Plus option.

“Angcars is designed to be an advanced ride-hailing app that seamlessly blends affordability with user-friendly navigation,” he said during the town hall.

This isn’t the first time that a motorcycle-hailing application moved into a car service with JoyRide offering a car and taxi services. Moreover, while Grab started as a car-hailing company, it acquired Move It to expand to motorcycle-hailing.

Angkas also introduced its new Health and Padala services recently for its current motorcycle-hailing app. The former will bring healthcare services to Filipino homes including home service blood testing by PRC-licensed medical professionals. Meanwhile, the latter is an app equipped with digital seller toosl, payment, and disbursement access and courier services.

Meanwhile, for its riders, the company introduced a financial inclusion initiative called AngKash.

“Through partnerships with automobile manufacturing giant Honda and Uno Bank, founded on the collective goal of nurturing a new generation of micro-entrepreneurs among Angkas bikers, the revamped AngKash aims to extend this initiative to a larger portion of the biker fleet. The program offers reduced interest rates to enhance financial flexibility and mobility,” the company said in a statement.

The motorcycle-hailing service company has yet to reveal more about its Angcars service though. We expect to learn more about it when it is launched later this year.

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Source: Gadget Pilipinas