- ComfortDelGro announced that it has raised its taxi platform fees starting 2025 to offset rising manpower costs from the Platform Workers Act.
- Two new competitors have also entered the domestic ride-hailing market, further increasing competition.
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Higher platform fees on online booking app Zig.
- ComfortDelGro (SGX:C52) recently announced that it has raised its platform fee on its online booking app Zig by S$0.30 to S$0.50 starting 1 Jan 25. This is in response to rising costs from the Platform Workers Act which would require platform companies such as ComfortDelGro to contribute more to the Central Provident Fund accounts of platform workers, coupled with work injury initiatives and enhanced insurance coverage.
- - Read this at SGinvestors.io -
Minimal earnings impact.
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