Angkas Looks to Enter Four-Wheel TNVS Industry Later This Year

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Angkas looking to enter four wheel TNVS market 1

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Angkas, the local motorcycle-hailing service, is looking to expand its services by entering the four wheel transport network vehicle service (TNVS) market later this year.

Angkas – Angcars and More Plans

Company CEO, George Royeca revealed in a town hall about its plan to offers an Angcars service with an Economy and a Plus option.

“Angcars is designed to be an advanced ride-hailing app that seamlessly blends affordability with user-friendly navigation,” he said during the town hall.

This isn’t the first time that a motorcycle-hailing application moved into a car service with JoyRide offering a car and taxi services. Moreover, while Grab started as a car-hailing company, it acquired Move It to expand to motorcycle-hailing.

Angkas looking to enter four wheel TNVS market 1

Angkas also introduced its new Health and Padala services recently for its current motorcycle-hailing app. The former will bring healthcare services to Filipino homes including home service blood testing by PRC-licensed medical professionals. Meanwhile, the latter is an app equipped with digital seller toosl, payment, and disbursement access and courier services.

Meanwhile, for its riders, the company introduced a financial inclusion initiative called AngKash.

“Through partnerships with automobile manufacturing giant Honda and Uno Bank, founded on the collective goal of nurturing a new generation of micro-entrepreneurs among Angkas bikers, the revamped AngKash aims to extend this initiative to a larger portion of the biker fleet. The program offers reduced interest rates to enhance financial flexibility and mobility,” the company said in a statement.

The motorcycle-hailing service company has yet to reveal more about its Angcars service though. We expect to learn more about it when it is launched later this year.

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Ram found his love and appreciation for writing in 2015 having started in the gaming and esports sphere for GG Network. He would then transition to focus more on the world of tech which has also began his journey into learning more about this world. That said though, he still has the mentality of "as long as it works" for his personal gadgets.

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