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Tag: Ola

Older cabbies not keen on surge pricing | The New Paper

Older cabbies not keen on surge pricing | The New Paper

The likely introduction of surge pricing for taxis has not gone down well with older cabbies. Most of those who spoke to The New Paper were apprehensive about the pricing system and the technology involved. Mr Chia Chiong Soon, 70, a cabby of 20 years, said: “Why must we make things so complicated? Older people […]

Surge pricing by cab services is not bad for consumers, says research | Tech2

Surge pricing by cab services is not bad for consumers, says research | Tech2

Price hikes in ride-sharing cab services during peak use times, such as holidays, may actually benefit both drivers and consumers in the long run, a new study suggests. Researchers from Washington University in the US used analytical modelling to study surge pricing and its effects. Their results demonstrate that consumers can benefit from surge pricing. […]

These Screenshots From Uber Drivers All Over The Country Show The Absurd Surge Pricing On New Year’s Eve | Post Grad Problems

These Screenshots From Uber Drivers All Over The Country Show The Absurd Surge Pricing On New Year’s Eve | Post Grad Problems

It happens every year – a bunch of starry-eyed drunk people in their mid-20s go home from the bars on New Year’s Eve and wake up to Uber bills upwards of $300. Frankly, I have a really hard time feeling bad for anyone because you’re getting what you pay for – a super convenient service […]

Central panel recommends cap on surge pricing for Ola, Uber | DNA India

Central panel recommends cap on surge pricing for Ola, Uber | DNA India

Dynamic pricing, commonly dreaded as “surge” pricing in taxis can be allowed for taxi aggregators such as Uber and Ola within a specified range, a central government panel has recommended. Officials from the Ministry of Road Transport and Highways said that dynamic pricing is important, but the same can’t be used to exploit people. “The […]

Uber Freight Will Bring Surge Pricing to the Trucking Business | Technology Review

Uber Freight Will Bring Surge Pricing to the Trucking Business | Technology Review

Still, Uber seems to be moving awfully fast—Otto only just made its first commercial delivery with a self-driving truck, and by all accounts it’s still very much a fledgling company. Trucking in the U.S., by contrast, is enormous: in 2014, 11 million large trucks drove over 279 billion miles. Perhaps in acknowledgement that it’s going […]

Swiggy on a surge to make a little extra | Moneycontrol.com

Swiggy on a surge to make a little extra | Moneycontrol.com

After Uber and Ola, now Swiggy says hello to surge pricing. The Bangalore-based food delivery start-up will have a go at making a little extra during holidays, heavy downpours and festivals. Since this dynamic pricing is under attack for the way it allows companies the right to charge a higher rate during peak hours, Swiggy […]

Uber to end surge pricing? Yes and no | The Hindu

Uber to end surge pricing? Yes and no | The Hindu

Software algorithms to help predict demand and eliminate the need for surge pricing Is Uber working toward ending surge pricing, the rise in fare when the demand for taxis shoots up? Uber has said ‘yes,’ and ‘no’ over the last week. The local government in Delhi had recently banned the San Francisco-based company from applying […]

After cab aggregators, food delivery startup Swiggy introduces surge pricing | Your Story

After cab aggregators, food delivery startup Swiggy introduces surge pricing | Your Story

While the world is debating on surge pricing by cab aggregators like Ola and Uber, Norwest Partners-backed food delivery startup Swiggy has introduced surge pricing. A rather new concept in a space where customer acquisition costs and discounting is the norm. Swiggy has introduced surge pricing for restaurants on selective occasions(select national holidays, festivals and […]

Surge pricing and the battle for our future | Mint on Sunday

Surge pricing and the battle for our future | Mint on Sunday

If Uber wins the battle of perceptions on its pricing model, it will open the doors for similar market-clearing mechanisms in other sectors The recent clampdown on surge pricing by the Delhi and Karnataka governments has ignited an intense debate on the model’s pros and cons and efforts to curb it. Surge pricing refers to […]

Boon for Driver, Bane for Rider | The New Indian Express

Boon for Driver, Bane for Rider | The New Indian Express

Customers riding a cab are an unhappy lot these days. Online taxi-aggregators like Uber, Ola and TaxiForSure, who once pampered riders with deep discounts and free rides, have piped down on offers. Instead, they are managing to irk customers, with what is called dynamic or surge pricing, where fares are bumped up 1.5X, 2.2X or […]