Event Brief
Grab charges Philippine bike riders over 230% interest
Filed: Mar 02, 2026 at 5:05 PM ET
Summary: Grab faces backlash for imposing high interest rates on loans for bike riders in the Philippines.
WHO: Grab
WHAT: charging high interest rates on loans
WHEN: Mar 02, 2026 at 5:00 PM ET
WHERE: Philippines
WHY: to provide financial support to bike riders
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