The flat fare option computes fares and flashes this ahead of a trip, taking into account the distance to be travelled and all existing surcharges, including the booking fee. “Once a flat fare is chosen, there will be no additional surcharges unless the passenger changes the destination point or makes unplanned stops along the way,” […]
SINGAPORE: Amid stiff competition from Grab and Uber private-hire cars, the local taxi industry should not be stopped from adapting to new market conditions, such as by introducing dynamic pricing, said Second Minister for Transport Ng Chee Meng in Parliament on Tuesday (Apr 4). Last month, local taxi companies were given the green light to […]
New Delhi: The Cellular Operators Association of India (COAI) has said that Reliance Jio’s latest pricing strategy will continue to bleed the telecom industry and that there is risk of a cascading impact on banks and other institutions that have large exposure to the telecom sector. COAI said that while the move towards lower pricing […]
Trains from Oakland to San Francisco were delayed and suspended on Monday Commuters were forced to turn to Uber and Lyft to make their way into the city Many were furious when they found ‘surge pricing’ pushed costs up significantly Some said the trip that usually cost about $20 skyrocketed to as much as $110 […]
NEW DELHI: A group of online sellers has written to the Competition Commission of India alleging that Flipkart’s WS Retail and Amazon’s Cloudtail indulge in predatory pricing and discounting when selling their private label products, destroying the business of smaller rivals such as Snapdeal and online sellers. The vendors also complained that WS Retail and […]
Ola and Uber drivers have pulled their cabs off the roads in Delhi-NCR demanding that their companies reinstate bonuses that they had doled out in the initial days, reduce their hiked commission rates, limit the number of cabs registered on the app and shorten working hours, among other issues. With the agitators having threatened to […]
HIGHLIGHTS Airtel has termed pricing strategy by Reliance Jio as ‘predatory’ The letter has accused Reliance Jio of abusing dominant position Reliance Jio has been accused of trying to eliminate small players Bharti Airtel has reportedly filed a complaint with the Competition Commission of India (CCI) against Reliance Jio Infocomm, questioning the pricing strategy adopted […]
New Delhi: Telecom regulator TRAI has said the tariff plans of Reliance Jio are in compliance with its regulations and the existing tariff orders. TRAI is expected to communicate the same to the incumbent operators including Bharti Airtel and Idea Cellular, which had moved telecom tribunal TDSAT against the regulator for allowing the Mukesh Ambani-led […]
After the New York Taxi Workers Alliance called on taxi drivers to protest Trump’s Muslim ban by avoiding John F. Kennedy International Airport for one hour, Uber turned off surge pricing. That didn’t go down well, reports the Guardian. Read complete article here: The internet turned on Uber after it deactivated surge pricing during protests […]
Critics across the Twittersphere voiced their disapproval of Uber’s surge pricing during the demonstrations by using the hashtag “#deleteuber.” The protesters were publicly objecting President Donald Trump’s executive orders that temporarily bans immigration from several countries. Read complete article here: Uber Apologizes After Surge Pricing During Trump Protests | The Daily Caller.
This Week in Pricing > 5/27/17
This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by: Professional Pricing Society Currently, PPS produces three major annual pricing conferences in Europe and North America. Each […]
Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by: SPOSEA B.V. SPOSEA B.V. drives increased profitability for SAP users by SIMPLIFYING […]
Workshop: Atlanta Pricing Workshops | PPS
We’re bringing 2 days of Pricing Workshops to Atlanta! August 1-2 we will have 7 workshop options designed to bring you the most up-to-date pricing information & knowledge. Don’t miss your opportunity to join us in Atlanta at the “Summer School for Pricing.” Completion of the workshop & quiz will allow you to receive a […]
Deploying machine learning in insurance pricing | pwc blog
Insurers have been investigating the deployment of machine learning techniques in the pricing arena, seeking to exploit the speed at which models can be built and refreshed compared to the use of more traditional generalised linear modelling techniques. Machine learning techniques offer significant advantages over these traditional models, including the availability of various types of […]
United Airlines: Four Seats Worth $1.5 Billion? | Time.com
Many things are baffling about the decision by United Airlines employees to have a passenger dragged bleeding from one of their airplanes as other patrons taped the debacle on their smartphones. But with company CEO Oscar Munoz declaring that he “emphatically” backs the employees despite a plunge in the company’s stock price, it’s amazing that […]
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