Angkas
1 known investors
Angkas operates a motorcycle taxi (habal-habal) ride-hailing app in the Philippines, connecting commuters with partner riders for on-demand transportation. It focuses on affordable urban mobility, rider income generation, and traffic congestion relief, and helped establish the government's Basic Motorcycle Program.
Also known as Angkas PH Β· DBDOYC Inc.
Investors Β· 1
Company profile
researched Aug 2026Angkas, operated by DBDOYC Inc., is a Philippine motorcycle vehicle-for-hire and package delivery company headquartered in Makati, Metro Manila. Through its mobile app, passengers book rides with nearby biker-partners, and customers and merchants send parcels via its Padala, Pabili and business delivery services. In 2024 the company added AngCars, a four-wheel ride-hailing service, as a soft entry into the car segment.
The company positions itself around safety and rider professionalization: helmets and accessories are provided and sanitized between rides, bikers must pass road safety training and a behavioral test, and cash, card and e-cash payments are supported. Angkas states a 99.997% safety record and 24/7 availability. Its rider training curriculum has served as the foundation for the Philippine government's Basic Motorcycle Program, which aims to professionalize formal biker training.
Angkas operates in a regulatory gray area: motorcycle taxis remain technically illegal under Philippine law and the service runs under a provisional policy, while a bill formalizing the category passed in the 19th Congress but was never prioritized for final approval. Angkas has lobbied for legalization, and CEO George Royeca filed a certificate of nomination and acceptance with the COMELEC in October 2024 as first nominee of the Angkasangga party-list.
Founding story
Angeline Tham, a Singaporean serial entrepreneur, conceptualized Angkas around 2015 after repeatedly arriving late to meetings because of Manila traffic, and founded the company in 2016 to address the social impacts of traffic congestion in the Philippines. Before Angkas she launched the Singapore online auction company Sold.sg, sold it, worked at a SoftBank-affiliated fund investing in Southeast Asia and the Philippines, and then joined Grab, where she started GrabBike and GrabExpress in the Philippines. George Royeca, who later became CEO, is a co-founder and Tham's husband.
Business model
Angkas runs a two-sided digital platform matching independent-contractor motorcycle riders ("biker-partners") with passengers and delivery customers via a mobile app. Riders are recruited through an application process and given free company training that includes an app-usage test and an obstacle course. The company also offers a business delivery service for merchants and, since 2024, four-wheel rides through AngCars.
Revenue is generated from passenger fares and delivery fees booked through the app, with pricing that varies with traffic conditions, government regulation and supply-demand imbalances. Payments are accepted in cash, card and e-cash, and discounts are distributed via promo codes. Reported revenue was β±555 million in FY2024.
Traction
Angkas reports 8 million app downloads/installs and a 99.997% safety record, with over 50,000 biker-partners cited in one profile. Wikipedia cites over 30,000 drivers as of March 2023, drawn from 60,000 applicants, while a July 2025 analysis cites over 27,000 active riders. FY2024 revenue was β±555 million, down 23% year-over-year, attributed primarily to fewer active bikers on the platform.
Latest developments
Angkas confirmed a round of layoffs in June 2025, described by Tham as part of a broader strategy to streamline operations and improve efficiency; a source cited it as the second such round in two years, and no headcount was disclosed. Tham said the company is accelerating its use of AI to improve user experience. FY2024 audited results showed revenue of β±555 million (down 23%), a net loss of β±439 million, negative operating cash flow of β±288 million and year-end cash of β±177 million, down 72% from β±642 million. As of July 2025 the company was in the market to raise a Series B round to support expansion, including a full rollout of AngCars.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Angkas is described as the Philippines' leading motorcycle taxi platform and pioneer of the two-wheel ride-hailing category, operating the country's largest motorcycle ride-hailing network with over 27,000 active riders, compared with fewer than 15,000 each for JoyRide and Grab-backed Move It. Its 2024 revenue decline of 23% contrasts with 13% year-over-year growth in the broader Southeast Asian ride-hailing industry.
Angkas is described as the country's homegrown category leader in two-wheel ride-hailing, with the largest motorcycle ride-hailing network (over 27,000 active riders versus fewer than 15,000 each at JoyRide and Move It), deep local brand equity and a track record of operating through legal and operational disruptions. It provides free training to applicant riders, and that training has been used as the basis for the government's Basic Motorcycle Program.
Technology
The service runs on a mobile application that handles service selection, pickup and drop-off input, rider matching, booking tracking, fare and rider details, in-app e-receipt requests, stored payment cards and cashless payments. Management stated in 2025 that the company is accelerating the use of AI to improve user experience; technical problems with the app were cited as a difficulty in 2023.
Go-to-market
Angkas acquires riders through open applications and free training, and reaches consumers through its mobile app, website and social media, including in-app and social promo codes. It also markets a business delivery offering to merchants and maintains consumer and driver blogs with commuter and rider content in English and Filipino. Government engagement is a core channel: the company has lobbied for legalization of motorcycle taxis and signed memoranda of understanding with the Social Security System and the Camarines Sur local government.
Urban commuters seeking to avoid traffic congestion in Metro Manila, Metro Cebu and Cagayan de Oro; consumers sending same-day parcels; merchants and small businesses needing on-demand delivery; and motorcycle riders seeking income as biker-partners.
Geography
Headquartered in Makati, Metro Manila. The company operates in NCR, parts of the Greater Manila Area, Metro Cebu and Cagayan de Oro. Before the government crackdown in late 2018 it also served General Santos; as of October 2019 service was limited to Metro Manila and Metro Cebu, with plans cited for Davao City and Batangas City and a resumption in Cagayan de Oro, which occurred in March 2023. A 2024 memorandum of understanding with Camarines Sur contemplates future expansion in that province.
History
The company was conceptualized in 2015 and founded in 2016, with DBDOYC Inc. set up as its operating entity. Its legality has repeatedly been contested: the LTFRB suspended operations in November 2017 over the lack of a business permit and motorcycle safety concerns, prompting the December 2017 launch of the Angkas Padala parcel delivery service. A Mandaluyong Regional Trial Court decision in August 2018 barred the LTFRB from arresting Angkas drivers and the service resumed the following month, but the Supreme Court issued a temporary restraining order in December 2018. The DOTr provisionally allowed operations again in May 2019, and a six-month government pilot of motorcycle taxis in Metro Manila and Metro Cebu began in June 2019 with Angkas capped at its then 27,000 riders. The pilot was extended to March 2020 and opened to JoyRide and Move It, with rider caps split among the three operators; Angkas sought and then withdrew a restraining order in January 2020 after the Metro Manila cap was raised to 45,000. George Royeca became CEO in November 2021, succeeding Angeline Tham, who remained involved. Angkas resumed Cagayan de Oro operations in March 2023 and launched AngCars in 2024. Over the years the platform has been shut down multiple times: twice due to regulatory rulings and once during the COVID-19 pandemic.
Risks & controversies
Motorcycle taxis remain technically illegal under Philippine law and Angkas operates under a provisional policy, with a legalization bill passed in the 19th Congress but never prioritized for final approval; the service has been shut down multiple times, twice by regulatory rulings and once during the COVID-19 pandemic. Regulatory history includes the 2017 LTFRB suspension, the 2018 Supreme Court TRO, and rider caps imposed during the 2019-2020 pilot. Financially, FY2024 showed declining revenue, widening losses, negative free cash flow of β±493 million and a sharply reduced cash balance implying an estimated runway of roughly seven to eight months at then-current burn rates, alongside two rounds of layoffs in two years and competitive pressure from JoyRide and Grab-backed Move It.
Compiled by commissioned research from 5 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 13
launches, deals, and filingsAngeline Tham confirmed the company underwent a round of layoffs in June 2025 as part of a broader strategy to streamline operations; no headcount was disclosed. A source cited it as the second round of layoffs in two years.
Angkas signed a memorandum of understanding with the local government unit of Camarines Sur covering motorcycle training programs for road safety and livelihood, alongside planned future expansion of the platform in the province.
Angkas signed a memorandum of understanding with the Social Security System to cover 30,000 partner riders in Metro Manila, Metro Cebu and Cagayan de Oro as self-employed members, with additional coverage from DOLE's Employees' Compensation Commission program.
Angkas launched AngCars as a soft entry into the four-wheel ride-hailing market to diversify revenue.
Co-founder and former Chief Transport Advocate George Royeca took over as CEO from Angeline Tham, who remained involved in the company.
Angkas withdrew its request for a temporary restraining order against the DOTr technical working group's rider cap after the Metro Manila cap was raised to 45,000 riders. The pilot was extended to March 23, 2020 and expanded to include JoyRide and Move It.
Government-approved pilot operations of Angkas motorcycle taxis in Metro Manila and Metro Cebu began for six months, with the company limited to its existing 27,000 riders and barred from adding motorcycles.
The Department of Transportation announced it would provisionally allow Angkas to operate again.
The Supreme Court issued a temporary restraining order halting implementation of the Mandaluyong court's decision; Angkas continued operating.
The Mandaluyong Regional Trial Court ruled to bar the LTFRB from arresting Angkas drivers; Angkas resumed operations the following month.
Following the regulatory suspension of its motorcycle taxi service, Angkas introduced a parcel delivery service called Angkas Padala.
The Land Transportation Franchising and Regulatory Board suspended Angkas' operation over lack of a business permit and safety concerns regarding the use of motorcycles in ride-sharing services.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 5
primary sources listed
- Angkasangkas.com Β· web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Angkas do?
- Philippine motorcycle taxi and delivery platform connecting passengers and parcels with biker-partners via its app.
- Who are Angkas's investors?
- Angkas's investors include Yolo Investments.