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Move It P555.75-million fine

Latest Daily Tribune news and analysis on Move It P555.75-million fine.

  1. THE Land Transportation Franchising and Regulatory Board has imposed a P555.75-million penalty on motorcycle taxi platform Move It for exceeding its authorized number of rider-partners. Move It was authorized to operate only 17,746 rider-partners across Metro Manila, Cebu City and Cagayan de Oro but exceeded this limit by 55,575 riders, according to the LTFRB. Move It has filed a motion for reconsideration.

    Move It hit with P555-M fine over excess riders

    The LTFRB imposed a P555.75-million fine on Move It for allegedly onboarding 55,571 motorcycle taxi riders beyond its authorized allocation, while ordering the…