Tag: Surge Pricing

Parsons Green Explosion: Uber Surge Pricing Began, But Company Will Refund Users | International Business Times

Parsons Green Explosion: Uber Surge Pricing Began, But Company Will Refund Users | International Business Times

Some U.K. Uber users complained on social media about price surges during the attack at Parsons Green station in London on Friday. However, the company quickly turned off the increase in prices and promised users in the affected area a refund. … Its worth noting that one of the tweets was from a person going […]

Brand behaviour affects purchase for 100m ‘corpsumers’ | WARC

Brand behaviour affects purchase for 100m ‘corpsumers’ | WARC

In the U.S., brands have found themselves front and centre in some of this year’s most significant news, and their conduct is more visible than ever. In the wake of Hurricanes Harvey and Irma last week, companies have been pledging to support the affected regions. However, other brands have come in for intense criticism as […]

Passengers decry withdrawal of telescopic fares by railways | The Hindu

Passengers decry withdrawal of telescopic fares by railways | The Hindu

Indian Railways has, of late, been surreptitiously fleecing the common man through innovative methods. Starting with Tatkal, followed by Suvidha specials and dynamic pricing, where the fares charged are unreasonably high, the latest seems to be doing away with telescopic fares, says Oruganti Srinivas, an advocate and resident of TPT Colony. Suvidha specials and trains […]

Ridesharing Program Under FBI Investigation | PYMNTS.com

Ridesharing Program Under FBI Investigation | PYMNTS.com

Uber is the focus of a federal investigation in New York as authorities determine whether the ridesharing company used software to interfere illegally with its competitors. The Wall Street Journal reported on the investigation, citing sources familiar with the process. The probe, led by the New York office of the Federal Bureau of Investigation (FBI) […]

Uber introduces new UberFLASH and UberTaxi services | Digital News Asia

Uber introduces new UberFLASH and UberTaxi services | Digital News Asia

UBER Malaysia has introduced two new services, UberFLASH and UberTaxi to its users in the Klang Valley. Under the new UberFLASH service it will connect riders with the closest drive-partner to them be it an UberX or taxi. The second service, UberTaxi, on the other hand, will allow riders to specifically request for a metered […]

Uber explains price hike during Merseyrail strike – and how you can get cheaper fares | Liverpool Echo

Uber explains price hike during Merseyrail strike – and how you can get cheaper fares | Liverpool Echo

Uber has explained why its prices surged this morning – after the ECHO discovered fares had gone up dramatically during the Merseyrail strike . We were quoted a price of up to £24 for a 4.3 mile journey – as Uber admitted its fares “were a lot higher” today, with rail services hit by strike […]

Sorry, Ald. Beale. Regulating Uber and Lyft surge pricing would hurt consumers. | Chicago Tribune

Sorry, Ald. Beale. Regulating Uber and Lyft surge pricing would hurt consumers. | Chicago Tribune

On the morning of Aug. 15, thousands of Red, Brown and Purple line commuters were left stranded after a dead body was found on the elevated tracks near the Fullerton station. Those who were able to summon Uber or Lyft cars on their smartphones were, in some cases, reportedly charged more than $100 for rides […]

Thousands were fleeing Harvey. This Texas hotel started nearly tripling room prices | Fort Worth Star-Telegram

Thousands were fleeing Harvey. This Texas hotel started nearly tripling room prices | Fort Worth Star-Telegram

“Because people are calling to take rooms,” the clerk said, according to KXAN, adding that “we need to (inaudible) the price. I don’t have any control on the price.” The next morning, the TV crew again confronted a hotel clerk. They got a clerk to confirm that room rates were normally around $119 a night—but […]

True price of an Uber ride in question as investors assess firm’s value | Reuters

True price of an Uber ride in question as investors assess firm’s value | Reuters

RECKONING SOON? Uber’s losses stem from its drive to win global market share at almost any cost. That strategy was built on the assumption that Uber could achieve a dominant position in many big cities quickly and eventually raise prices. Kalanick himself said low fares were temporary. But eight years in, the strategy is now […]

Cab operators cash in on commuters’ misery | The Tribune India

Cab operators cash in on commuters’ misery | The Tribune India

To add to the misery of office-goers, ‘surge’ on taxi aggregators such as Ola and Uber had risen exponentially by a multiple of 3. For a distance of about 10 km, the cabs were charging an exorbitant rate of Rs 350-Rs 370 for the low-cost UberGo and Ola Mini categories in the morning. The fares […]