Grab, Singapore's pioneering ride-hailing platform, will officially unveil its foray into the taxi industry with the launch of 40 hybrid taxis in July. These taxis will maintain competitive base fares, consistent with those offered by other operators. To entice drivers, Grab has introduced an attractive incentive scheme where the first 100 drivers to sign up will receive a bonus of up to 3888 yuan, with no commission charged for street hailings. As a leading mobile internet company in Southeast Asia, Grab's strategic move aims to diversify its business portfolio and align with the growing trend towards sustainable and green travel.