Tag: Subscription Pricing

Uber, Lyft drivers pinched by higher gasoline prices | AFP

Uber, Lyft drivers pinched by higher gasoline prices | AFP

After a two-year dive, oil prices began recovering in spring 2016 and have stayed higher amid OPEC production agreements and rising global demand. The oil market has recently gotten a lift from the uncertainty generated by the US pullout from the Iran nuclear accord and by ongoing strife in Venezuela. Under the systems set up […]

How incentives in the gig economy put workers at risk | Philly

How incentives in the gig economy put workers at risk | Philly

Uber does not specifically introduce incentives to get drivers out in bad weather, said Danielle Filson, a spokeswoman for the company. But its surge pricing, where rates can balloon more than three times the baseline in the event of a situation like a snowstorm, acts as a de facto encouragement, since demand often increases in bad weather. […]

Grab: Price spikes due to higher demand, not absence of rival | BusinessMirror

Grab: Price spikes due to higher demand, not absence of rival | BusinessMirror

PRICE increases in Grab were borne out of the dearth in supply and increased demand, and not because it had no one to compete with, a company official said, belying the government’s claim that Grab had jacked up its prices due to its virtual monopoly in the ride-hailing market. Leo Emmanuel Gonzales, who heads the […]

Cheap rides are making Lyft less reliable | Quartz

Cheap rides are making Lyft less reliable | Quartz

Lyft spokesperson Campbell Matthews said in an email that ride wait times in New York City average around five minutes. “In times of high demand, passengers may see a higher ETA as we work to provide an affordable ride for passengers and earning opportunity for drivers,” she said. Uber co-founder and former CEO Travis Kalanick […]

Yes Madam bets on affordability, transparency to disrupt the beauty services market | Your Story

Yes Madam bets on affordability, transparency to disrupt the beauty services market | Your Story

A trip to the beauty salon can easily set you back by a few thousand rupees. While looking and feeling good come at a price, there is no transparency when it comes to this particular price. With this in mind, online beauty services aggregator Yes Madam set up services in 2016, and the founders are looking […]

PCC cites Grab price hikes, ‘decreased’ service quality after Uber acquisition | Inquirer Business

PCC cites Grab price hikes, ‘decreased’ service quality after Uber acquisition | Inquirer Business

Higher fares after Uber’s exit After Uber left the market last month, Grab imposed higher fares and more frequent surge-pricing “despite an increase in the supply of Grab drivers,” PCC said, noting Grab now has a 93 percent hold of the market after Uber drivers switched apps. The antitrust body based the post-acquisition price increase […]

Google’s YouTube Premium Is Poised to Be a Hit | The Street

Google’s YouTube Premium Is Poised to Be a Hit | The Street

Why Apple and Spotify Don’t Need to Panic Just Yet For all its strengths, YouTube Premium’s price ($2 per month more than what most music subscription services cost) makes it slightly less of a threat to the likes of Spotify and Apple than it would be if YouTube stuck with Red’s $10-per-month pricing. And this […]

Uber defends fare model | Boston Herald

Uber defends fare model | Boston Herald

Uber’s surge pricing has been a much-criticized part of the company’s business, but the company says it plays a critical role in making sure there are enough drivers for every rider. The additional rate kicks in when demand for rides outweighs the number of drivers who are available. If drivers see demand is spiking in […]

Grab challenger ditches booking, surge fees | ABS-CBN News

Grab challenger ditches booking, surge fees | ABS-CBN News

MANILA – A new ride-hailing company for taxis, MiCab, will not have booking fees, price surges, or trip cancellations, its co-founder said Monday. … “Basically, what we’re trying to do is offer a solution with sustainability in mind that’s why we’re focused on advertising, not putting anything as booking fee or surge pricing. In whatever […]

Will Amazon lose customers by raising Prime prices? Netflix and McDonald’s may hold the answer. | The Washington Post

Will Amazon lose customers by raising Prime prices? Netflix and McDonald’s may hold the answer. | The Washington Post

Hard-wired into the DNA of companies of all kinds is a fear of losing customers with even the slightest uptick in prices. Netflix watchers and McDonald’s eaters appeared undeterred by the rise in subscription and menu costs over the past seven months, with both companies reporting strong sales growth in the first quarter. That might be good news for Amazon.com, […]