Seaoil helps Grab, Move It partners save P2.6M in fuel expense

MANILA: Seaoil has generated P2.6 million in direct savings to transport network vehicle service providers as well as motorcycle taxi and delivery riders over the past two months.

The aforementioned amount represents the overall discount given to Grab and Move It partners during the past two months as part of the numerous initiatives aimed at providing economic relief to the transport community amid the fluctuating fuel prices.

"We are fully committed to this partnership because we understand that it is the transport and delivery professionals who are keeping our commuters and goods moving every single day. By giving them the tools to lock in fuel prices and access significant discounts, we are saving them money at the pump and helping them secure their livelihood,” Seaoil Chief Finance Officer and President for Retail Business Mark Yu was quoted as saying.

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“These drivers and riders are the backbone of our economy, and we want to make sure they can keep moving forward without the constant worry of fluctuating fuel costs,” he added.

This collaboration—which synergizes Seaoil’s “Kabalikat Mo sa Hanapbuhay” campaign as well as Grab and Move It’s “Bayanihan Fuel Crisis Support Program”—leverages on the Seaoil Pricelocq app that features exclusive digital fuel management tools. Such exclusive campaigns for Grab and Move It partners gave discounts up to P8.73 per liter.

From March to April alone, Grab reported mobilizing P350 million for the program through commission rebates, incentives, spot bonuses, and other partner-support initiatives.

Meanwhile, GrabCar Philippines General Manager Gines Barot explained that the main goal of the program is to support the livelihood of all partners by reducing their operational costs.

“We are incredibly proud to work with like-minded partners like Seaoil who share our dedication to supporting transport professionals. Every peso saved on fuel is a peso that goes straight back to a driver’s family,” he noted.

“By reaching this milestone, we’ve proven that when institutions in our sector and beyond come together, we can provide a real, tangible safety net for our transport professionals. We will continue to innovate and find new ways to keep their operational costs down,” Barot added.

For his part, Move It General Manager Wayne Jacinto elaborated the support that the collaboration gave to partners.

“For Move It, malasakit is something we work to translate into concrete support for our rider-partners. This partnership with Seaoil and Move It is a strong example of that shared malasakit in action. By helping riders reduce their fuel expenses, we are helping protect their daily earnings while sustaining the essential mobility services they provide to Filipino commuters every day. We are grateful to partners who stand with us in finding practical ways to ease the burden on our riders, especially during periods of fuel price volatility,” he expounded.

Relatedly, Seaoil Philippines mentioned that the strong adoption of its digital solutions proves they are the future of fuel management, providing a consistent safety net for those who keep the Philippine economy moving.

Currently utilizing two primary digital pathways, the Pricelocq features:

• Top-Up Liter Balance: allows riders and drivers to purchase fuel at current prices for future use
• Locqpay: scan-to-pay feature that applies instant discounts at the station

Looking ahead, the aforementioned companies are eyeing to further expand in the coming quarters. Plans are already underway for more exclusive "Super Sale" events designed to provide even deeper financial relief for the thousands of hardworking individuals within the Grab and Move It communities.

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