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Ride-sharing Economy and the Rise of Filipino MSMEs - The Lalamove Gameplan

Lalamove
2016-11-24 14:05 1756

MANILA, Philippines, Nov. 24, 2016 /PRNewswire/ -- Earlier this November, Lalamove has arrived in the Philippines marking the 29th market that the Hong Kong launched logistics provider has set its foot into. While Lalamove has been tagged as the newest maverick in the logistics block -- it has a clear gameplan in the Philippines and one of which is catalyzing the growth of Filipino MSMEs through ride-sharing economy.

Lalamove and the Philippines' ride-sharing economy

Ride-sharing economy is nothing new to the Philippines, with many transport service providers utilized everyday by Filipinos, one can not deny that Filipinos are getting more and more mobile -- both literally and figuratively. Lalamove taps on the wave of ride sharing economy by using drivers which are already on the road to provide end-to-end logistics services to its clients for as quick as an hour. By not deploying additional riders or drivers on the road, Lalamove efficiently enables end-to-end logistical fulfillment while helping decongest the already-critical traffic situation in the Philippines.

Growing MSMEs through ride-sharing economy

With Lalamove tapping into the existing ride-sharing economy in the Philippines to provide logistical services, this enables MSMEs to religiously keep up with their customer's demands in a smarter and more cost-efficient way. Lalamove's business model also enables both single and multiple drop-offs, giving additional ease to business owners to avoid having to make multiple bookings per delivery.

By leapfrogging overhead costs from owning a vehicle and hiring a driver -  Lalamove is able to offer its services at a much lower cost for MSMEs and SMEs alike.

Everybody wins with Lalamove

Lalamove's business model does not only benefit customers and businesses, as well as alleviate traffic situation in the Philippines, it also poses additional opportunity for full-time and part-time drivers to earn as much as 3 times that of a driver's regular income.

Source: Lalamove
Keywords: Transportation
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