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Tag: Uber

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 […]

NRF 2017: Uber calls for retailers to consider surge pricing | Essential Retail

NRF 2017: Uber calls for retailers to consider surge pricing | Essential Retail

Over the last seven years, Uber has revolutionised the transportation industry. But this revolution has not been the invention of the flying car, explained Garrett Van Ryzin, head of marketplace optimisation advanced development at Uber, instead it uses technology to create a marketplace for hire cars, Speaking at NRF 2017 in NYC, Van Ryzin said […]

Foreign capital should be regulated for cab aggregators: MDI | India Today

Foreign capital should be regulated for cab aggregators: MDI | India Today

New Delhi, Jan 11 (PTI) Batting for regulating foreign capital inflow in cab aggregators in the country, Management Development Institute (MDI) today said such a move would stop companies from competing on price front alone. In its recommendations to the government, MDI, however, supported the surge pricing strategy saying it provides a competitive advantage to […]

Commuters complain as Uber ‘takes advantage’ of tube strike with surging prices | The Telegraph

Commuters complain as Uber ‘takes advantage’ of tube strike with surging prices | The Telegraph

Some Uber journeys around London allegedly cost commuters almost five times the usual price, after they were faced with huge bus queues and no Underground services due to the ongoing tube strike on Monday. While Uber has a supply-and-demand surge policy, which increases prices to get more cars on the road and reduce waiting times, angry […]

centre’s guildlines on cab-haling apps: meru, uber on separate lanes on riding norms | ETtech

centre’s guildlines on cab-haling apps: meru, uber on separate lanes on riding norms | ETtech

As per the guidelines, surge pricing can be up to three times the minimum fare during the day and up to four times between midnight and 5 am for vehicles in the economy category. There is no such cap for vehicles which are in the deluxe category, or longer than 4 metres. Meru’s newly appointed […]