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Korean brand, KG Mobility, coming to Philippines under TCCCI

Korean brand, KG Mobility, coming to Philippines under TCCCI
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Ride-sharing firm bullish on PH ops as economy recovers

Swat Mobility Philippines country business head Maria Theresa Busmente (Photo courtesy ofSwat Mobility Philippines) MANILA - The continued reopening of the Philippine economy made officials of a Singapore-based ride-sharing company optimistic about a four to five times expansion in ridership following the launch of its local operations in 2020. Swat Mobility Philippines' ridership has reached around 1 million to date, which accounts for 25 percent of the technology-based ride-sharing company's total ridership and is on top 3 after Singapore and Japan, after it started operations in May 2020. "For this year, in terms of goal, we're looking at four to five times (growth). Pretty much this is challenging (but) I think this is something achievable because currently, we have actually set-up a number of clients already," Swat Mobility Philippines country business head Maria Theresa Busmente said in a virtual briefing on Thursday. Busmente said the company has "secu

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