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The culprit is surge pricing, one of ridehail’s most important and controversial innovations. Customers grumble about higher fares, but Uber and Lyft executives have insisted that surge pricing ...
Uber’s head of economic research, Keith Chen, recently told NPR’s Shankar Vedantam on an episode of The Hidden Brain podcast that people are willing to accept up to 9.9 times surge pricing ...
Surge pricing is Economics 101, mobile ride-hailing company Uber preaches. If you want supply to keep up with increasing demand, you need to incentivize drivers to get on the road and come pick ...
The car share service reached an agreement with New York State to set a cap during emergencies and natural disasters. The car service Uber has agreed to limit prices during emergencies, natural ...
Yes, that’s right – the Irish chain is dabbling in “surge pricing”. So far ... It’s commonly been confined to cab companies such as Uber and Lyft, the idea being to literally embody ...
Note: Data includes only UberX and Lyft standard individual rides; charges per mile are defined as the ride fare plus taxes, tolls and other surcharges, reduced by any discounts and excluding tips ...
The rideshare company, which calls surge pricing "primetime," is attempting to lower prices to undercut its competitors, chiefly Uber, but it's not totally working. "[Primetime pricing] is a bad ...
An curved arrow pointing right. Gett is a new smartphone app that's using aggressive marketing tactics to gain traction on Uber. The key aspects of Gett's marketing campaign are its total lack of ...
After its initial launch last fall, starting today Uber is offering a new affordable ... The post Skip the Surge Pricing!
Uber is introducing its infamous surge charge ... The first cities to see surge pricing for their UberEats deliveries are Phoenix, Houston, Dallas, DC, Miami, and Atlanta, according to The Verge.
These cab tariffs won’t be subjected to “surge pricing” through which Ola and Uber adjust the fare depending on cab demand, time of the day and other factors. "At Uber, we are always looking ...