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UBER PRICING ALGORITHM
There's more to Uber’s India data centre bet than meets the eyeUber is setting the stage for its first-ever data center in India through a strategic alliance with the Adani Group. This development not o...- Why is Uber stock falling today - here’s what’s really driving the dropUber stock fell 3.8% as European rules and taxi protests create pressure. Analysts like Erste Group and Morgan Stanley lowered their outloo...
- Ola, Uber, Zepto in hot water for charging iPhone users moreCompanies adopt the differential pricing strategy to charge different prices for the same product or service to different customers or grou...
- 'Low phone battery, higher Uber fares': Delhi entrepreneur's shocking discovery sparks debate over fare manipulationRishabh Singh's investigation reveals Uber's pricing can change based on device platform and battery level. He found discrepancies between ...
- Why does Uber charge different fares for the same trip on different phones? Company reveals the reasonA viral post on X has raised concerns about Uber charging different fares for the same trip when booked from Android and iOS devices. A use...
- GST on rides: CBIC gives a week’s time to ecommerce firms to give views, promises clarificationA three-member team led by CBIC chairman Sanjay Kumar Agarwal met with representatives from the app-based transportation companies at North...
- Uber, Lyft, DoorDash drivers in the US to strike on Valentine's Day for fair payThe strike call is the first since Uber and Lyft went public in 2019. Drivers will picket outside airports and Uber offices, two of the gro...
- Mumbai resident says going by air to Goa is cheaper than taking an UberThe screenshot contained prices for the three different car options. After Mr Shravankumar’s tweet, many people replied to his tweet expres...
- CCPA gets several consumer complaints against cab aggregators; calls meeting next weekCiting a few examples, Khare said the regulator has received many complaints of alleged unfair trade practices, including cab drivers forci...
- Govt lens on charges levied, algo used by cab aggregatorsAmid mounting consumer complaints, the Centre has asked cab and two-wheeler aggregators — Uber, Ola, Meru Cabs and Jugnoo — to come clean o...
- Supreme Court backs CCI & NCLAT, says Ola & Uber drivers not in cahootsBoth the CCI and the NCLAT had found that Ola and Uber do not facilitate cartelisation or anti-competitive practices between drivers, rathe...
- Is surge pricing determined by gender? Par panel on Data Protection Bill to Ola, UberThe companies were also asked about having their own cars run by drivers with fixed salary. Both acknowledged that besides being cab aggreg...
- NCLAT dismisses plea seeking probe against Ola and Uber on price fixingThe NCLAT observed that the allegations against the cab aggregators had no substance.
- Competition Commission rejects price fixing allegations against Ola, UberIn a 13-page order, the CCI also dismissed complaints that Ola and Uber are imposing a resale price maintenance system on the drivers as we...
- Amit Singhal’s future at Paytm unclearSinghal had joined Uber five weeks ago and was reporting to its chief executive Travis Kalanick. He looked after the mapping division, and ...
- Uber looks to have its own payment wallet in India despite collaboration with PaytmUber is keeping its options open to have its own payment wallet in India despite its current collaboration with Paytm.
- On ground, surge pricing falls flat for Uber & Ola as there are more cabs than passengersUber and Ola say surge pricing seeks to create a balance between demand for cabs and supply. Drivers say when prices surge, customers don’t...
- Taxi hailing firms like Uber, Ola and states haggle over dynamics of fare gameUber and Ola agreed to suspend surge pricing in Delhi after wide criticism and pressure from the government over fare increases.
- Dynamic pricing: How consumer internet companies change prices in real time with sophisticated algorithmsComplex though that it might sound, the concept of dynamic pricing has been around for years in the offline market
- Uber starts private carpooling service in Delhi tomorrowThe new service would be 10%-30% lower than the regular fares. Uber said it is making it easy and affordable for people to share rides and ...
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