Manila, Philippines – Driven by the official entry of Taiwanese tech company, Gogoro, into the Philippine market, Globe Group’s 917Ventures and Philippine conglomerate Ayala Corporation have entered into a tripartite partnership with the former to launch its Gogoro Smartscooters® and battery-swapping technology in the Philippines. 

Gogoro is a company that has transformed two-wheel mobility in Taiwan and fostered a new smart mobility industry with a network of eco-friendly businesses and end-users.

The company is bringing the said ecosystem to the Philippines and is committed to replicating its success in Taiwan. Gogoro is currently managing 540,000 riders and has deployed more than 1 million smart batteries at 12,000 battery-swapping stations.

“We in the Globe Group are very proud to bring Gogoro Smartscooters® and battery-swapping to the Philippines, a transport ecosystem that marries mobility innovation and sustainability,” said Ernest Cu, Globe Group President and CEO. “This year, Filipinos will have access to these electric [two-wheel] vehicles and Gogoro’s convenient and cost-efficient battery-swapping technology, another first in the Philippines.”

In a ceremonial launch at Globe’s headquarters, the three companies have announced that Gogoro’s Smartscooters® and Battery-Swapping tech would be both available publicly by Q4 2023.

Horace Luke, Founder and CEO of Gogoro, commented, “Our partnership with the Globe Group and Ayala Corporation in the Philippines is a major milestone in our mission to transform urban transportation and provide an accessible path for riders to adopt sustainable urban mobility and play a key role in battling climate change and making the world better for all.”

“We look forward to working together to deliver a sustainable transport system that will improve air quality, reduce carbon emissions, and provide a superior riding experience for consumers in the Philippines,” added Luke. 

Globe’s Cu further said that the shift to EVs, particularly deploying Gogoro’s battery-swapping system, will go a long way, alongside sustained government support, to allow private sector initiatives to prosper. 

“Sustainable transportation projects are, after all, aligned with the government’s long-term agenda to promote environment-friendly transport options and foster digitalization as mobility needs of Filipino individuals and businesses rise,” said Cu.

In addition to Taiwan and the Philippines, Gogoro is also operating in China, India, Japan, Indonesia, Korea, and Israel.

Philippines —The Globe Group has created AdSpark Holdings Inc. to consolidate initiatives around its adtech and data capabilities. It will be part of the 917Ventures’ portfolio of industries. To lead AdSpark Holdings is Nikko Acosta, who will serve as its CEO. Acosta also retains his position as chief strategy officer of the Globe Group.

Comprising the holding company are digital and mobile marketing solutions provider AdSpark, multi-channel messaging platform M360, intelligence-powered solutions provider iNQUiRO, and adtech startup Deep Sea. This initial portfolio forms a strong base foundation where the Globe Group’s digital advertising and data business can further thrive and scale.

On the other hand, Acosta, AdSpark Holdings’ new CEO, is one of Globe’s proven, steadfast, driven, and results-oriented leaders with nearly 20 years of experience across mobile, broadband, enterprise, international, and content. He has amassed general management experience working and collaborating with people.

Ernest Cu, CEO and president of Globe, said, “Our assets and capabilities in data, advertising, and Customer Relationship Management for B2B sit in various parts of the Globe Group and render solutions to customers independently.”

Cu adds, “But it has now become imperative to synergize and capitalize on their collective capabilities, increase operational efficiencies, build compelling solutions on data and ad-tech, and innovate at a macro level to maximize opportunities.”

Vince Yamat, MD of 917Ventures, the wholly-owned corporate venture builder subsidiary of Globe, shared, “With Acosta at the helm, we are confident that he can bring AdSpark Holdings to greater heights.”

The Globe Group’s growing portfolio encompasses services around telecommunications, ICT, financial technology, health, retail, outsourcing, entertainment, digital media, ad-tech and data. These allow its customers and partners to leverage digital and technology-based products and services for their business and lifestyle needs.