- ComfortDelGro has partnered with Zurich Insurance to launch travel insurance (single-trip travel policy for individuals and groups) that can be purchased via its Zig app. This covers travel disruptions caused by vehicle breakdown en-route to Changi Airport, reimbursing customers up to S$1,000 to cover additional accommodation or travel expenses.
- - Read this at SGinvestors.io -
Raises platform fees to cover higher costs
- Starting 1 Jan 2025, ComfortDelGro raised its platform fee by 30-50 cents to a range of S$1.00-1.20 based on distance travelled and travel time to defray higher operating expenses (i.e. CPF and insurance coverage for drivers) from implementation of the Platform Workers Act. Meanwhile, 2 more ride-hailing operators (Trans-cab and Geo Lah) will start in 2025.
- - Read this at SGinvestors.io -
Expands premium offerings with new fleet of taxis
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Eric Ong Maybank Research | https://www.maybanktrade.com.sg/ 2025-01-07
Previous report by Maybank:
2024-11-15 ComfortDelGro - Take A Break.
Price targets by 4 other brokers at ComfortDelGro Target Prices.
Listing of research reports at ComfortDelGro Analyst Reports.
Relevant links:
ComfortDelGro Share Price History,
ComfortDelGro Announcements,
ComfortDelGro Dividends & Corporate Actions,
ComfortDelGro News Articles
