Tag: Price War

New ride-hailing firm Tada enters market, says it will not impose dynamic pricing, Transport News & Top Stories – The Straits Times | Straits Times

New ride-hailing firm Tada enters market, says it will not impose dynamic pricing, Transport News & Top Stories – The Straits Times | Straits Times

MVL hopes to entice drivers with a no-commission model, he said. This differentiates Tada from competitors such as Grab, which charges drivers a fee of 20 per cent per fare. However, Tada collects 3.4 per cent of each fare paid by electronic payment, which Mr Woo said is used for the maintenance of its platform. […]

TADA Ride-Hailing Singapore Is A Blockchain-Based Mobile App By MVL | Vulcan Post

TADA Ride-Hailing Singapore Is A Blockchain-Based Mobile App By MVL | Vulcan Post

Founder Kay is South Korea-born, which explains the name TADA, meaning “let’s ride” in Korean. The app charges a fixed-fare rate to use, and a metered rate that starts from a base fare of $2.30. While cash transactions do not incur any transaction fees, riders paying by credit cards will be charged a 3.4% fee […]

Uber’s ‘Vomit Fraud’ Sounds Worse Than Surge Pricing | Gizmodo

Uber’s ‘Vomit Fraud’ Sounds Worse Than Surge Pricing | Gizmodo

As an Uber driver, you have to deal with low wages, an uncertain future, and the possibility of getting yelled at by the company’s billionaire founder. There’s also the more common issue of drunk people puking in your back seat. But a news report claims passengers in Miami are getting hit with fees even after […]

BMW launches Uber rival in the US | CarAdvice

BMW launches Uber rival in the US | CarAdvice

BMW has updated its ReachNow app to offer both car-sharing and ride-hailing, although the latter is only available in Seattle right now. In what’s claimed to be an industry first, residents of Microsoft’s home town can now hire a car or ask for a ride “from a professional driver” all within the same smartphone application. […]

BMW launches ride-sharing service [too] | WILX

BMW launches ride-sharing service [too] | WILX

BMW is launching a new ride-sharing service in Seattle to compete with Uber and Lyft. … Drivers are full-time employees hired by third party transportation companies. Customers can hail a car immediately or schedule a ride up to a week in advance. Trips cost $2.40 per mile plus 40 cents per minute, with no surge […]

Hidden Uber Costs? Drivers ask company to be more transparent with fees | KSAZ

Hidden Uber Costs? Drivers ask company to be more transparent with fees | KSAZ

“There’s no transparency,” said one of the four drivers interviewed by FOX 10’s Matt Galka. “In the rider app you can’t even see the charge breakdown.” The four drivers wished to remain anonymous, in fear of retaliation from Uber. They want to keep driving, and thought if they spoke out, the company would end their ability […]

Wireless Service Prices Are Climbing Across the Board | The Motley Fool

Wireless Service Prices Are Climbing Across the Board | The Motley Fool

Sprint (NYSE:S) recently introduced new tiered-pricing for its unlimited data plans, following in the footsteps of AT&T (NYSE:T), T-Mobile (NASDAQ:TMUS), and Verizon (NYSE:VZ). Interestingly, Sprint’s new “Unlimited Basic” plan doesn’t offer a discount off of its existing unlimited plan despite removing or decreasing some of the features of the plan. In fact, some subscribers would […]

Sprint follows AT&T, Verizon unlimited strategy by raising prices | FierceWireless

Sprint follows AT&T, Verizon unlimited strategy by raising prices | FierceWireless

Those plans largely stand as a significant price increase to Sprint’s current Unlimited Freedom offer, which provides one line of service for $60 per month and, via a promotion, four lines of service for just $100 per month. However, that promotional price is scheduled to rise in a year’s time to $160 per month for […]

When Cost-Plus Pricing Is a Good Idea | Harvard Business Review

When Cost-Plus Pricing Is a Good Idea | Harvard Business Review

The Strategic and Tactical Benefits of Cost-Plus Pricing Despite these limitations, there are sometimes strategic and tactical reasons to use cost-plus pricing. When implemented with forethought and prudence, cost-plus pricing can lead to powerful differentiation, greater customer trust, reduced risk of price wars, and steady, predictable profits for the company. No pricing method is easier to communicate […]

Grab Fined P10 Million For Overcharging Users – Insists P2/Minute Fee Is “Legal” | Vulcan Post

Grab Fined P10 Million For Overcharging Users – Insists P2/Minute Fee Is “Legal” | Vulcan Post

Is The Php2/Minute Charge Legal? Amid allegations of charging illegal fares, Grab Philippines maintained that it has always been “transparent” about its fare scheme. Grab spokesperson Leo Gonzales said that the P2-per-minute charge was initiated “when Grab reviewed its pricing structure in June 2017,” and “was integrated to the existing per kilometer charges and is […]