ComfortDelGro forms new private mobility group for its transport, lifestyle businesses

COMFORTDELGRO on Monday announced that it will bring its taxi, private bus, car rental and leasing, as well as lifestyle businesses, under a new umbrella division called the Private Mobility Group (PMG). This comes amid an ongoing strategic review by the group.
" The move aims to synergise and leverage on ComfortDelGro' s core strengths in land transport solutions, whilst making it easier for customers to gain access to the various services in the group," said the group in a bourse filing.
It added: " The re-organisation will allow for a more focused approach in the development of novel and sustainable mobility solutions using digital technology and clean energy."
The PMG, which will have a combined fleet size of over 12,000, will be headed by the group' s chief risk and sustainability officer Jackson Chia. He will hold both posts concurrently until a suitable replacement is found for his current position, said ComfortDelGro. Mr Chia will oversee the various business units comprising ComfortDelGro Taxi, ComfortDelGro Bus, ComfortDelGro Rent-a-Car, as well as Zig, a lifestyle and mobility app that allows users to book taxis, plan journeys and make dining reservations. He will report directly to the managing director or group chief executive.

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