OnDemand WTP Pricing Research

Tag: Surge Pricing

Uber puts a larger fare if it knows you will pay | Tech Juice

Uber puts a larger fare if it knows you will pay | Tech Juice

The surge pricing on the popular ride-hailing service is not as simple as some people might have thought. According to a new report from Forbes, Uber, the US-based ride-sharing service, charges a larger fare if, through machine learning and artificial intelligence, it gets to know that the users would be willing to pay the increased […]

Uber Expands Ride Pass to 20 More U.S. Cities | Future Car

Uber Expands Ride Pass to 20 More U.S. Cities | Future Car

Consumers that don’t have an automobile and rely on ride-sharing companies like Uber and Lyft to get around can attest to how greatly prices can differ depending on traffic, weather, and surge pricing. Last October, Uber came out with a subscription service that allowed consumers willing to pay $14.99 a month to lock in flat […]

Lyft hikes IPO target to $70-$72 a share | KX NET

Lyft hikes IPO target to $70-$72 a share | KX NET

SAN FRANCISCO (AP) – Lyft is lifting the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service that’s gaining ground on its rival Uber. With the revision disclosed Wednesday, Lyft is now seeking $70 to $72 per share, up from its previous […]

Auction-based ride-hailing, powered by HERE | Global Fleet

Auction-based ride-hailing, powered by HERE | Global Fleet

Anterin is an Indonesian ride-hailing company that offers delivery services by motorcycle, motorcycle and car-hailing and courier services for larger items, using vans and trucks. The company is founded in 2016 to challenge the country’s major players, the Singapore-based Grab and local hero Go-Jek. According to Crunchbase, the Anterin applications are downloaded over 20,000 times […]

Lyft Drivers Protest Falling Wages as Execs Drum Up Investor Money for $25 Billion IPO | Gizmodo

Lyft Drivers Protest Falling Wages as Execs Drum Up Investor Money for $25 Billion IPO | Gizmodo

Inside the luxury Omni Hotel in downtown San Francisco on Monday morning, Lyft executives and investors wheeled and dealed about the company’s upcoming IPO as the firm’s valuation hit a whopping an estimated $25 billion and climbing. Outside the Lyft investor meeting, 75 drivers and labor organizers protested falling wages, a lack of pricing transparency, […]

Kater, Vancouver’s first-ever ride-hailing app, will launch next week | Hilltop Monitor

Kater, Vancouver’s first-ever ride-hailing app, will launch next week | Hilltop Monitor

Unlike Uber, Kater says it won’t use “surge pricing”, the practice of hiking prices when demand for rides is high. Instead, she said that burden would fall on the cabinet-appointed provincial regulator, the Passenger Transportation Board, to approve any applications for ride-hailing services like Uber or Lyft. “In order to be fully operational we had […]

Uber Eats rolls out confusing new fees — here’s what they mean | The Verge

Uber Eats rolls out confusing new fees — here’s what they mean | The Verge

Since Uber Eats doesn’t keep a comparison of its old booking fees up on the app, customers are understandably confused about whether prices have gone up or not. And the results can vary. Some customers on Reddit complained about the markup after a small order of an $8.99 chicken kadai led to a total order […]

MoviePass to offer its original $9.95 unlimited plan for a limited time | engadget

MoviePass to offer its original $9.95 unlimited plan for a limited time | engadget

The monthly movie ticket subscription service MoviePass is switching back to the $9.95 per month uncapped plan that proved highly popular, but was ultimately unsustainable. There’s a catch, though. Subscribers must pay for an annual subscription upfront, bringing the total to roughly $120 for a year’s worth of unlimited movie tickets. The MoviePass uncapped plan […]

Uber puts its money behind congestion pricing | CSNY

Uber puts its money behind congestion pricing | CSNY

Despite New York City Mayor Bill de Blasio getting on board with Gov. Andrew Cuomo’s congestion pricing proposal for Manhattan’s central business district, the plan to fund the ailing Metropolitan Transportation Authority by enacting a toll for drivers entering Manhattan below 61st Street still faces some pushback from within the state Legislature – particularly from […]

Uber Pays Drivers $20 Million to Settle Contractor Dispute | Reason

Uber Pays Drivers $20 Million to Settle Contractor Dispute | Reason

Uber is out $20 million. The ride-hailing company has agreed to settle a six-year-old lawsuit with drivers who argued they should be classified as employees—not contractors—and therefore deserve benefits and wage protections. Although Uber will hand a decent payout to the 13,600 drivers named in the suit, the company will not change their employment status. […]