Tag: Price Discrepancies

Uber launches ‘Ride Pass’ subscription service | Business Insider

Uber launches ‘Ride Pass’ subscription service | Business Insider

Uber said on Tuesday that it started offering a subscription service, called Ride Pass, that allows users to guarantee set prices for a monthly fee. The service is available in Los Angeles, Austin, Orlando, Denver, and Miami, an Uber representative told Business Insider, adding that it costs $24.99 a month in Los Angeles and $14.99 […]

MyTaxi advocates ‘surge pricing’ for Irish taxi market | Irish Times

MyTaxi advocates ‘surge pricing’ for Irish taxi market | Irish Times

Allowing taxi drivers to raise fares during peak periods, such as in the run-up to Christmas, on Saturday nights and in situations where public transport is unavailable, could help get people home quicker, boost public safety and encourage more people to work in the industry. This is according to MyTaxi’s Irish country manager, Alan Fox, […]

Uber Introduces PyML: Their Secret Weapon for Rapid Machine Learning Development | Towards Data Science

Uber Introduces PyML: Their Secret Weapon for Rapid Machine Learning Development | Towards Data Science

Uber has been one of the most active companies trying to accelerate the implementation of real world machine learning solutions. Just this year, Uber has introduced technologies like Michelangelo, Pyro.ai and Horovod that focus on key building blocks of machine learning solutions in the real world. This week, Uber introduced another piece of its machine […]

NTUC Income’s new insurance plan shields commuters from surge pricing on Grab when it rains, Transport | THE BUSINESS TIMES

NTUC Income’s new insurance plan shields commuters from surge pricing on Grab when it rains, Transport | THE BUSINESS TIMES

IN a move that suggests ride-hailing and surge pricing are here to stay, NTUC Income on Wednesday announced the launch of Droplet, a first-of-its-kind insurance product that protects commuters against unpredictable surge pricing on ride-hailing platforms when it rains. For now, Droplet covers only rides booked via Grab. It will be extended to other ride-hailing platforms by […]

New insurance to guard against price surges on ride-hailing apps when it rains | TODAYonline

New insurance to guard against price surges on ride-hailing apps when it rains | TODAYonline

SINGAPORE — To deal with a big peeve among users of ride-hailing applications, a new insurance product promises protection against price surges for rides during wet weather. Called Droplet, the new product by insurer NTUC Income offers users up to 60 per cent of their fares or cancellation fees back if it was raining at […]

What really matters in B2B dynamic pricing | McKinsey

What really matters in B2B dynamic pricing | McKinsey

Companies that succeed at analytics-based pricing build a strong foundation—and include their salesforce in developing it from the start. Like many of its peers, a medical-technology company was struggling to adapt to changing market dynamics. Its traditional relationship-based sales model was coming under threat from increased competition and scrutiny from hospitals, while end users, especially […]

Ola, Uber drivers off the road over base fare hike | The Hindu

Ola, Uber drivers off the road over base fare hike | The Hindu

Around 200 drivers staged a protest outside Uber’s office in Kurla in the afternoon. Sunil Borker, secretary of the transport wing, MRRSK, said when protesters reached the Uber office, it was closed. “Hence, drivers decided to go on a strike. All the drivers will be offline till the companies come forward to have a dialogue […]

Ola-Uber drivers may go on strike in Mumbai | Hindustan Times

Ola-Uber drivers may go on strike in Mumbai | Hindustan Times

“Most drivers participated in our meeting yesterday (Saturday) and were in favour of an indefinite strike. But we will announce our future course of action during the protest, depending on what most drivers want,” said Sunil Borkar, secretary, Maharashtra Rajya Rashtriya Kamgar Sangh, a union of app-based cab drivers led by Nationalist Congress Party (NCP) […]

Grab eyes lowering cap on surge pricing during the holidays | Inquirer News

Grab eyes lowering cap on surge pricing during the holidays | Inquirer News

Grab Philippines said on Monday that it might lower its surge pricing cap at the start of the Christmas season to meet passenger demand. Leo Gonzales, Grab Philippines public affairs, said during the launch of a safety roadmap that the surge rate of the ride hailing company may be as low as 1.4 times during the holiday […]

Which one is better between Uber and Lyft? | MobileAppDaily

Which one is better between Uber and Lyft? | MobileAppDaily

Price Comparison: Lyft and Uber People prefer ride-sharing services because they find this means of transportation more cost efficient than other modes of transport. But what would you still travel with these services if they unexpectedly increased your ride charges? In the above images, we have described the whole process of facing an increase in […]