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(SPOT.ph) With Uber's recent exit from the country and Grab's current monopoly over the ride-sharing market, using a transport network vehicle service to get places has become more of a hassle than usual. Thankfully, there are other ride-sharing services that are slated to launch within the year. And it looks like we won't have to wait very long—Hype, new transport network vehicle service (TNVS), is expected to hold its soft launch in the Metro on Sunday, May 27.

 


 

Accredited by the Land Transportation Franchising and Regulatory Board on April 18, Hype is a local newly-formed company that sets itself apart from other TNVS by allowing its users to book rides through SMS. The app will also have a panic SOS button in case of emergency while you're aboard the car. The ride-sharing app's fares start at a base fare of P40 with an additional charge of P14 per kilometer. Price surges will be capped off at two times the original fare.

 

Although Hype is set to launch on May 27, it's only available to a select few for beta-testing.

 

For updates, follow Hype's Facebook page.

 

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