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Tag: Ola

Competition Commission: Competition Commission rejects complaint against Ola | Times of India

Competition Commission: Competition Commission rejects complaint against Ola | Times of India

While rejecting the complaint after finding that ANI Technologies (Opposite Party) is not a dominant player in the relevant market, the watchdog has also delved into the pricing ways of taxi services providers. “Without going into the legitimacy of OP’s pricing strategy, suffice to say that besides statutory compulsion of non-intervention in the present case, […]

OLA cheating Customers with their different pricing strategy | PC Tablet

OLA cheating Customers with their different pricing strategy | PC Tablet

Ola and Uber are the best leading cab aggregator services in India. These not just made it easy for the people in commute, but also made it hassle free without any bargain or having to wait for a long time to get a ride. Though the pricing is quite affordable, the Surge pricing is something that comes […]

Technology has the power to improve how we haggle with dynamic pricing | The Globe and Mail

Technology has the power to improve how we haggle with dynamic pricing | The Globe and Mail

Uber is one of the first mainstream examples to use surge pricing to manage supply and demand. For example, it’s raining and I’m going to be late for a meeting. Demand for Uber goes up, prices surge, more drivers join the marketplace, increasing supply, and price drops again to meet demand. Beautiful, isn’t it? The […]

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 […]