Grab to Temporarily Raise Fuel Surcharge for Rides

Dow Jones03-31

By Megan Cheah

SINGAPORE--Grab will temporarily raise the fuel surcharge for rides on its platform from April 7 to May 31, because of recent volatility in global fuel prices.

The Nasdaq-listed ride-hailing platform is increasing the surcharge to 90 Singapore cents a trip, equivalent to 70 U.S. cents, from 50 Singapore cents for all Grab rides excluding standard and metered taxis.

The surcharge will go to its driver partners and Grab won't take a commission from the amount, it said Tuesday.

The Singapore-based company is "closely monitoring the situation and will review this again closer to date to ensure it remains appropriate for prevailing market conditions."

Write to Megan Cheah at megan.cheah@wsj.com

(END) Dow Jones Newswires

March 31, 2026 06:32 ET (10:32 GMT)

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