Tag: Surge Pricing

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Government launches inquiry into online pricing The government is launching an inquiry into online pricing that will look into how personal data can be used to set individual prices for items such as holidays, cars and household goods. The research, conducted by the competition watchdog, will consider the use and prevalence of ‘dynamic pricing’ and […]

Meru CEO on how its new marketplace model beats surge pricing | CIO

Meru CEO on how its new marketplace model beats surge pricing | CIO

Meru’s win-win formula If you look at a typical marketplace, it allows the supplier to set the price.  For instance, a hotel aggregator doesn’t mandate all 5-star hotels to offer the same price. However, if you look at the shared mobility space, the price is decided by the cab aggregator – there are fixed slabs […]

Uber launches new subscription service across five US cities | City A.M.

Uber launches new subscription service across five US cities | City A.M.

Ride-hailing app Uber has rolled out a new subscription scheme across five US cities. Based on subscriptions, the new ride pass will allow members to avoid surge pricing, when fees peak at rush hour and at other times when demand is high. The lowest monthly subscription comes in at $14.99 (£11.55) in Austin, Denver, Miami […]

Lime Gearing Up to Add Cars to Its Fleet of Bikes and Scooters | Digital Trends

Lime Gearing Up to Add Cars to Its Fleet of Bikes and Scooters | Digital Trends

Lime is already running a bikesharing scheme in Seattle, though city officials have so far prevented scooter-based schemes from operating there. Carsharing offers fast rentals via a smartphone app and in many cases is more convenient than dealing with a traditional car-hire firm, which requires a visit to a specific office and the completion of paperwork […]

Call for ‘surge pricing’ for taxi fares to be allowed… | News Talk

Call for ‘surge pricing’ for taxi fares to be allowed… | News Talk

There are calls for taxis drivers to be allowed raise fares during peak periods like the run-up to Christmas or weekends. MyTaxi confirmed to the Irish Times that they are in talks with the National Transport Authority about increased flexibility around pricing. Under current regulations, taxi drivers are restricted in the amount they can charge […]

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 […]

What’s The Future Of MoviePass? Popular App To Be Spun Off From Parent Company | Infosurhoy

What’s The Future Of MoviePass? Popular App To Be Spun Off From Parent Company | Infosurhoy

The move came less than a week after New York Attorney General Barbara Underwood started an investigation into Helios and Matheson for possible securities fraud. Shares of Helios and Matheson Analytics have plummeted amid worries that it could be delisted by the Nasdaq. Investors responded positively to the news. Shares of Helios and Matheson gained […]

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 […]