Cebuana Lhuillier Drives the Future of Mobility with Strategic Investment in Byahe

vritimes

Sabtu, 15 Februari 2025

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Cebuana Lhuillier, the largest microfinancial institution in the Philippine , is making bold strides into the future of mobility with a strategic investment in Byahe, a modern transport company focused on electric and modern jeepneys. This follows the successful launch of its ridehailing app, Xpress, further strengthens the company’s mission to reshape mobility across the nation.

Byahe is currently operating seven routes with a fleet of over 100 modern and eJeepneys. As part of their expansion, Byahe is set to add more routes in 2025, helping accelerate the Philippines’ shift towards cleaner, more efficient urban transportation. Cebuana’s strategic partnership with Byahe introduces synergies between its Xpress ridesharing services and Byahe’s eco-friendly fleet, enhancing the accessibility and sustainability of mobility options for Filipinos.

Brian Cu, co-founder of Byahe and former Country Manager of Grab Philippines, brings essential expertise to the table. Cu, who was instrumental in expanding Grab’s presence in the country, is positioned to guide Byahe’s growth and further strengthen the partnership with Cebuana Lhuillier.

This move is also part of Cebuana Lhuillier’s larger strategy to offer a full suite of services to Filipinos. The company integrates financial solutions with mobility services, including vehicle financing, digital payments, and the Kanegosyo Center, which supports drivers of TNVS, 2W MC taxis, and jeepneys into being entrepreneurs. Cebuana’s expansive network of over 3,500 branches across the country ensures easy access to these services, improving mobility and financial inclusion.

Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier, shared, “Our investment in Byahe reflects our commitment to innovation and sustainability in transport, empowering Filipinos with better mobility and financial inclusion.”

With its growing mobility portfolio, Cebuana Lhuillier, now including Xpress and Byahe, is shaping the future of transportation in the Philippines, making it greener, more efficient, and accessible for all Filipinos.

To learn more about Cebuana Lhuillier and its Xpress ride-hailing app, visit www.xpress.ph and www.cebuanalhuillier.com.

About Xpress Super App
Xpress is a dynamic Filipino super app that brings convenience to users with a wide range of services. From seamless ride-hailing through Xpress Ride to fast grocery delivery with Xpress Mart, Xpress offers a one-stop platform to meet various daily needs. It also provides Xpress Eats for food delivery and Xpay for secure payments. A sister company of Cebuana Lhuillier, Xpress empowers both customers and businesses by offering flexible solutions like Xpress for Business, helping companies manage rides and deliveries efficiently. The app promotes innovation while ensuring a smooth and efficient experience for Filipinos.

This Press Release has also been published on VRITIMES

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