Tag: Lyft

Regulators to ensure Grab-Uber deal will not erode competition | The Straits Times

Regulators to ensure Grab-Uber deal will not erode competition | The Straits Times

The LTA added that it was reviewing a regulatory framework to license private-hire car operators “to keep the private-hire car and taxi industries open and contestable”. The CCS said Singapore’s competition laws prohibit mergers that may result in a “substantial lessening of competition”, and indicated that it could “require the merger to be unwound or […]

Merger of Grab and Uber drive monopoly, pricing concerns | Bangkok Post

Merger of Grab and Uber drive monopoly, pricing concerns | Bangkok Post

The merger between Grab and Uber is driving market concentration to monopoly levels, underlying the urgency of regulations that legalise and keep in check ride-sharing service in Thailand, say industry… Please credit and share this article with others using this link:https://www.bangkokpost.com/news/transport/1435682/merger-of-grab-and-uber-drive-monopoly-pricing-concerns. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Post Publishing PCL. All rights reserved. […]

Studies are increasingly clear: Uber, Lyft congest cities | WPXI

Studies are increasingly clear: Uber, Lyft congest cities | WPXI

BOSTON (AP) – One promise of ride-hailing companies like Uber and Lyft was fewer cars clogging city streets. But studies suggest the opposite: that ride-hailing companies are pulling riders off buses, subways, bicycles and their own feet and putting them in cars instead. And in what could be a new wrinkle, a service by Uber called […]

Walmart and Uber Team Up to Take on Amazon | Nasdaq.com

Walmart and Uber Team Up to Take on Amazon | Nasdaq.com

Walmart’s approach vs. Amazon’s: speed vs. control The biggest advantage of Walmart’s plan to outsource the crucial last-mile delivery to Uber and Lyft is that it’s fast and cheap. In the short run, this will allow the company to quickly scale, which is apparent when compared to Amazon’s Whole Food pilot delivery service. As previously […]

Uber Singapore Launches GrabHitch-like Uber Commute | Vulcan Post

Uber Singapore Launches GrabHitch-like Uber Commute | Vulcan Post

If You’re Familiar With GrabHitch, Uber Commute Is The Same Thing Just like competitor Grab’s service GrabHitch, Uber Commute is a peer-to-peer product that allows riders to pre-book rides with drivers who are open to sharing their daily commute. As for its pricing structure, Uber states that according to regulations, fares are limited only to […]

Grab cuts fee for JustGrab taxi drivers for short trips, but raises commission for higher fares | TODAYonline

Grab cuts fee for JustGrab taxi drivers for short trips, but raises commission for higher fares | TODAYonline

The adjustment in levies comes more than a month after ride-hailing firm Uber and taxi operator ComfortDelgro rolled out a similar service. Under the UberFlash service, Uber takes a 10 per cent cut on bookings taken up by ComfortDelGro cabbies, less than the 20 per cent commission it levies on Uber drivers. The tiered levy […]

B.C. could cap surge pricing if companies like Uber and Lyft start operating there – BC | Globalnews.ca

B.C. could cap surge pricing if companies like Uber and Lyft start operating there – BC | Globalnews.ca

The report provided recommendations around accessible rides, suggesting that the government put a levy on all non-accessible ride-hailing trips with the money going to improving accessibility services. The committee also recommended protecting taxi stands and airport service for the traditional cab companies. One of the controversial facets of existing ride-hailing companies is that they charge […]

How Taxing Uber and Lyft Could Fix City Traffic | WIRED

How Taxing Uber and Lyft Could Fix City Traffic | WIRED

Such a tax would create all the best incentives. Uber and Lyft would start charging more for journeys in high-congestion areas or at high-congestion times, reducing demand and therefore reducing traffic. (Those increased fares would not be the same as the surge pricing which currently exists, since surge pricing is designed to act as a […]

Three local cab companies form strategic partnership to challenge Uber, Lyft | Philadelphia Business Journal

Three local cab companies form strategic partnership to challenge Uber, Lyft | Philadelphia Business Journal

“With density, we could be really impactful,” Abibtol said. “It translates the most on the app. When you move that pin around the map and you put a pin anywhere and [a taxi] is a minute away.” “Now that our app is on par with those of TNCs, we can provide a similar service with […]

Grab and Uber offer discounts for Penang | The Malay Mail Online

Grab and Uber offer discounts for Penang | The Malay Mail Online

“Grab is not taking any commissions till further notice from rides generate from Penang so every fare goes back to the drivers’ pocket to support their welfare during this time,” he said. The ride hailing service will also not be implementing any surge or dynamic pricing at this period. In addition to that, Tiew said […]