OnDemand WTP Pricing Research

Tag: Predatory Pricing

Uber v.s. Taxi: Which Saves You More? | The Daily Reckoning

Uber v.s. Taxi: Which Saves You More? | The Daily Reckoning

Other Costs to Consider Tipping – another major difference between ride sharing apps and taxis is tipping etiquette. Most taxi riders tip their drivers around 20 percent. Uber riders rarely tip at all since tipping has only recently become a feature within the apps. Surge pricing – another difference between ride-hailing apps and taxi cabs […]

Uber vs. Lyft: A Comparison Shows Which Is Better | Inc.

Uber vs. Lyft: A Comparison Shows Which Is Better | Inc.

3. Pricing Uber and Lyft, being fierce competitors in most markets, charge pretty much the same during normal times. But both also charge higher prices in high-demand situations so as to bring in more drivers when they’re needed. Uber calls this “surge pricing” and Lyft calls it “prime time.” Both Chen and other observers have […]

Uber launching JUMP scooters in Baltimore as Bird nearly doubles price per minute | Baltimore Sun

Uber launching JUMP scooters in Baltimore as Bird nearly doubles price per minute | Baltimore Sun

Uber is launching a fleet of about 300 of its JUMP electric scooters in Baltimore this week, becoming the latest company to join the city’s dockless scooter program, while a competitor nearly doubled the price per minute to ride Monday. The JUMP scooters are free to unlock and cost 15 cents per minute to operate. […]

Shorts line up for a Lyft ride despite surge pricing | The Mighty 790 KFGO

Shorts line up for a Lyft ride despite surge pricing | The Mighty 790 KFGO

NEW YORK (Reuters) – What a difference a week makes. Lyft Inc has gone from IPO darling to short sellers’ best friend. Investors have ramped up bets against Lyft, which went public in an IPO priced on Thursday at the top of its already-elevated target range, even as borrowing fees became the most expensive in […]

ASK FINNEY: How to save money on a ride, submit a complaint to Uber and Lyft and more | abc 7 news

ASK FINNEY: How to save money on a ride, submit a complaint to Uber and Lyft and more | abc 7 news

If you don’t mind your ride taking a little longer, you can use the carpool option. Uber offers UberPOOL, and Lyft offers a “shared ride.” On those rides, drivers will stop and pick up other riders who are mostly going your way. Your travel time will be longer because of those pickups and drop-offs, but […]

Lyft just had a lousy day but that’s its own problem, not the stock market’s | CNBC

Lyft just had a lousy day but that’s its own problem, not the stock market’s | CNBC

Lyft may have launched with a frothy stock price in a not so frothy stock market. The ride share company’s freshly minted stock, after an initial surge, fell below its offer price on its second day of trading Monday, a warning that other hyped unicorns may have to be more conservative about their price in […]

Uber puts a larger fare if it knows you will pay | Tech Juice

Uber puts a larger fare if it knows you will pay | Tech Juice

The surge pricing on the popular ride-hailing service is not as simple as some people might have thought. According to a new report from Forbes, Uber, the US-based ride-sharing service, charges a larger fare if, through machine learning and artificial intelligence, it gets to know that the users would be willing to pay the increased […]

Uber Expands Ride Pass to 20 More U.S. Cities | Future Car

Uber Expands Ride Pass to 20 More U.S. Cities | Future Car

Consumers that don’t have an automobile and rely on ride-sharing companies like Uber and Lyft to get around can attest to how greatly prices can differ depending on traffic, weather, and surge pricing. Last October, Uber came out with a subscription service that allowed consumers willing to pay $14.99 a month to lock in flat […]

Lyft hikes IPO target to $70-$72 a share | KX NET

Lyft hikes IPO target to $70-$72 a share | KX NET

SAN FRANCISCO (AP) – Lyft is lifting the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service that’s gaining ground on its rival Uber. With the revision disclosed Wednesday, Lyft is now seeking $70 to $72 per share, up from its previous […]

Lyft Drivers Protest Falling Wages as Execs Drum Up Investor Money for $25 Billion IPO | Gizmodo

Lyft Drivers Protest Falling Wages as Execs Drum Up Investor Money for $25 Billion IPO | Gizmodo

Inside the luxury Omni Hotel in downtown San Francisco on Monday morning, Lyft executives and investors wheeled and dealed about the company’s upcoming IPO as the firm’s valuation hit a whopping an estimated $25 billion and climbing. Outside the Lyft investor meeting, 75 drivers and labor organizers protested falling wages, a lack of pricing transparency, […]