Tag: Predatory Pricing

Ryde hopes to fill void left by Uber’s exit, Transport News & Top Stories | The Straits Times

Ryde hopes to fill void left by Uber’s exit, Transport News & Top Stories | The Straits Times

This will also translate into lower fares for commuters, he said. Ryde is in the midst of finalising its pricing structure, which will include dynamic pricing, where fares fluctuate based on demand. Mr Zou stressed that fares will be “transparent, fair and equitable”. The firm is up against Grab, which is valued at an estimated […]

Uber Pool: Uber launches carpool feature in Australia | The NewDaily

Uber Pool: Uber launches carpool feature in Australia | The NewDaily

Uber Pool makes up about 20 per cent of all Uber trips in cities where it is available, such as New York, Paris and London. How will Uber Pool work? The Uber Pool feature will match users with other travellers who want to go in a similar direction. It differs from the standard UberX service in that riders are directed to walk […]

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 […]

Why Railways Needs to Extend Flexi Fares Scheme and Not Opt for Frequent Tweaks | News18

Why Railways Needs to Extend Flexi Fares Scheme and Not Opt for Frequent Tweaks | News18

In its latest report, CAG has said that the railways ministry needs to revisit the passenger and other coaching tariffs so as to recover the cost of operations in a phased manner and reduce its losses in core activities. “The fixation of passenger fare and freight charges should be based on the cost involved so […]

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. […]

Hey Aussies, guess what? Uber is officially introducing upfront pricing | Techly

Hey Aussies, guess what? Uber is officially introducing upfront pricing | Techly

Uber users in thousands of cities across the world have had access to upfront pricing since 2016, and the company has finally decided to bring this luxury to Australia. As Uber said in their press release, you wouldn’t get on a plane or a train and only pay the fare at the end. So why […]

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 […]

Ola drivers call off strike, Uber continues | DNA India

Ola drivers call off strike, Uber continues | DNA India

When last information trickled in, the Uber drivers continued to be on strike as the talks with the management were still unconclusive. Meanwhile, sources said that Ola agreed to reinstate drivers who have been blacklisted. These are the ones who got poor ratings from the passengers for any reason. Sources said that at least 20 percent […]

How to ride out Ola-Uber drivers dissent: By changing pricing strategy | Business Standard News

How to ride out Ola-Uber drivers dissent: By changing pricing strategy | Business Standard News

Besides other initiatives to create a strong driver partner community and using technology to enhance driving experience, Ola is also leveraging data to understand the behaviour of drivers and vehicles for greater productivity. According to former Meru Cabs chief executive officer and industry expert, Siddhartha Pahwa, evolving a self-sustaining model is at the heart of […]

Ola & Uber Indefinite Strike Enters 3rd Day: Surge Pricing & Delay Issues Continue For Commuters | Latestly.com

Ola & Uber Indefinite Strike Enters 3rd Day: Surge Pricing & Delay Issues Continue For Commuters | Latestly.com

March 21, Mumbai: The Ola and Uber indefinite strike has entered its third day today. As compared to the other two days of the strike, reportedly, today there are more app-based cars out in the streets of Mumbai. However, the issue of surge pricing and delay continues to be there for the commuters. The strike […]