Tag: taxi pricing

The Grab effect, Brunch | THE BUSINESS TIMES

The Grab effect, Brunch | THE BUSINESS TIMES

Pink for surge pricing Danis Lou, passenger experience design lead, believes that design is key to problem-solving. He leads a team that is responsible for the look and feel, and user experience, of the Grab rider app. Recently redesigned, the app now boasts a softer colour palette that retains Grab’s iconic shade of green and […]

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 […]

Kolkata: Yellow cabs take tech route to fleece you | Times of India

Kolkata: Yellow cabs take tech route to fleece you | Times of India

Yellow cab driver Kapila Routh, who lives in Chowbagha, said, “Look at the diesel prices. At over Rs 70 a litre, do you think we can afford to drive cabs on meter? Most of us are struggling to make ends meet because we don’t own the cars. After paying our daily rentals to the owners, […]

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 […]

Woman left gobsmacked after Uber journey to Wirral cost £90 after Champions League final | Liverpool Echo

Woman left gobsmacked after Uber journey to Wirral cost £90 after Champions League final | Liverpool Echo

The reply said: “Your trip was taken at a time when there was high demand for rides near your pickup location. “When vehicle supply gets tight, we raise fares to make sure partner-drivers are available to respond to your ride request quickly. We refer to this is as dynamic pricing or surge pricing. “Please be […]

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 […]

From cab to Uber to cab, drivers try to find a way to make a living | Philly

From cab to Uber to cab, drivers try to find a way to make a living | Philly

The legislation legalizing ride-share businesses in Philadelphia allowed cabs also to increase their rates during busy times — which Uber calls surge pricing —  but so far, none has done it, Kirlin said. People in the industry see a consistent rate as an asset that could attract customers, she said. Leventhal noted cab drivers’ training, pointing […]

Uber under state investigation for surge pricing during storm emergency | The Boston Globe

Uber under state investigation for surge pricing during storm emergency | The Boston Globe

At issue is a 2016 Massachusetts law meant to prevent the ride-hail firms from using surge pricing during major storms, catastrophes, and other officially declared states of emergency. But Uber — which does not deny raising prices during the storm — argues the language of the law does not actually ban surge pricing. The law […]