LTFRB fines Move It P555.75M over excess riders; platform appeals

MANILA, Philippines – The Land Transportation Franchising and Regulatory Board (LTFRB) has imposed a P555.75-million penalty on motorcycle taxi platform Move It for exceeding its authorized number of rider-partners. Move It was authorized to operate only 17,746 rider-partners across Metro Manila, Cebu City and Cagayan de Oro but exceeded this limit by 55,575 riders, according