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Tag: Uber

Older cabbies not keen on surge pricing | The New Paper

Older cabbies not keen on surge pricing | The New Paper

The likely introduction of surge pricing for taxis has not gone down well with older cabbies. Most of those who spoke to The New Paper were apprehensive about the pricing system and the technology involved. Mr Chia Chiong Soon, 70, a cabby of 20 years, said: “Why must we make things so complicated? Older people […]

In video, Uber CEO speaks openly about impact of competitors on pricing | TechCrunch

In video, Uber CEO speaks openly about impact of competitors on pricing | TechCrunch

You can check out the full clip below to see what transpires, and why Kalanick might have been caught off guard. Kalanick initiates the exchange by talking work with Kamel, noting to him that, “We’re reducing the number of Black cars over the next six months. You probably saw the email.” “I saw the email, starts […]

Taxify steadily gaining ground in Africa as Uber falls victim of its pricing | TechMoran

Taxify steadily gaining ground in Africa as Uber falls victim of its pricing | TechMoran

Taxify, one of the fastest growing transport apps in Europe with over 1M customers in 15 countries is seeing a tremendous growth in Africa where Uber is falling prey of its own economics of price fixing. Founded in Estonia in 2013, Taxify is building the market leading platform connecting people with taxis and private drivers […]

How to set discounts for various related products | New Neuromarketing

How to set discounts for various related products | New Neuromarketing

So, what makes a specific chocolate bar different or better compared to others? Why would some shelves sell out immediately and are some shelves gathering dust? Well, we can think of many reasons like flavor (caramel seasalt, yeah!), brand, but for a large part: price. Unfortunately, a pricing strategy can be challenging, complex, and offers […]

The internet turned on Uber after it deactivated surge pricing during protests of Trump’s Muslim ban | Fast Company

The internet turned on Uber after it deactivated surge pricing during protests of Trump’s Muslim ban | Fast Company

After the New York Taxi Workers Alliance called on taxi drivers to protest Trump’s Muslim ban by avoiding John F. Kennedy International Airport for one hour, Uber turned off surge pricing. That didn’t go down well, reports the Guardian. Read complete article here: The internet turned on Uber after it deactivated surge pricing during protests […]

Uber Apologizes After Surge Pricing During Trump Protests | The Daily Caller

Uber Apologizes After Surge Pricing During Trump Protests | The Daily Caller

Critics across the Twittersphere voiced their disapproval of Uber’s surge pricing during the demonstrations by using the hashtag “#deleteuber.” The protesters were publicly objecting President Donald Trump’s executive orders that temporarily bans immigration from several countries. Read complete article here: Uber Apologizes After Surge Pricing During Trump Protests | The Daily Caller.

Taxis, Uber face new regulations in Everett | HeraldNet.com

Taxis, Uber face new regulations in Everett | HeraldNet.com

“We’ve had exceptions built into regulations that allow for these servicemen and servicewomen to provide with their families,” Matthews told the council. The city also would no longer regulate taxi meter rates. Uber and other companies have used what’s known alternatively as surge pricing or dynamic pricing, in which rates typically rise as demand for […]

Will more customer data mean the end of discounting? | National Retail Federation

Will more customer data mean the end of discounting? | National Retail Federation

“Uber wouldn’t be Uber without dynamic pricing. It’s what makes the service economical when demand is low, and reliable when demand is high,” Van Ryzin said. “That reliability is key to our service, and it’s dynamic pricing that makes that possible.” That’s because surge prices incentivize drivers, increasing the supply when needed so that customers […]

Manish Rathi & Kapil Raizada: Dynamic pricing and its fallout | Business Standard Column

Manish Rathi & Kapil Raizada: Dynamic pricing and its fallout | Business Standard Column

On December 20, Suraj Rastogi, a RailYatri user, went looking for a train ticket for a journey between Guwahati and Pune. The only option was a Suvidha train with 45 seats on AC III class. The price tag? Rs 6,590 for a 52-hour journey. A three-hour flight option, for the same day, was available for […]

Fares surge as Beijing hits brakes on illegal ride-hailing services, drivers | Global Times

Fares surge as Beijing hits brakes on illegal ride-hailing services, drivers | Global Times

Many Beijing commuters told the Global Times that fees have surged in recent weeks for online private car-booking services, and many said they had shifted to other alternatives. On December 21, Beijing and Shanghai published detailed rules on online car-booking services, requiring private car drivers offering rides to have city household registrations and city license […]