Ride-hailing platform JoyRide has announced a reduction in its commission rate from 20% to 18%, effective Monday, April 20, in a move aimed at providing financial relief to its driver-partners.
Under the company’s existing tiering program, drivers may further lower their commission to as little as 15%, depending on their performance level and participation in the incentive structure.
JoyRide President Sherwin Yu said the adjustment is part of the company’s effort to support its drivers amid ongoing economic pressures.
The policy shift comes as the ride-hailing industry faces increasing calls from policymakers to reduce service fees, helping drivers cope with the persistent rise in fuel prices and operating costs.
The announcement follows a similar move by competitor Angkas, which also recently reduced its commission rate from 20% to 18%, signaling a broader trend among transport network companies responding to both regulatory pressure and driver welfare concerns.
As competition intensifies and operational costs remain high, these adjustments are expected to ease the financial strain on drivers while maintaining service sustainability in the ride-hailing sector.