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"Rs 810 For 12 km": Bengaluru Man Says "Humanity Is Lost" After Uber Hikes Fare Amid Rain Chaos
The user, caught in the downpour with their family and a small child, condemned Uber, branding them "mafias" for exploiting the situation with inflated prices.
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"Rs 700 For 1.8km": Delhi Man's LinkedIn Post On Uber's Surge Pricing Starts Debate
A LinkedIn post by a product management professional Surya Pandey on Uber's surge pricing, highlighting a fare of Rs 700 for a 1.8km ride, has sparked widespread debate.
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Uber CEO Told Company Charged $52 For 3-Mile Ride. This Is How He Reacted
The report is based on a conversation Uber CEO Dara Khosrowshahi had with a journalist in May.
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"Close To Flight Fare": Man Shocked By Cab Price From Bengaluru Airport To Electronic City
The price for Uber Premium for the 52-km distance was Rs 2,584 whereas Uber XL was priced for a whopping Rs 4,051.
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Uber Earned Profits in 2022 as Demands for Airport, Office Rides Increased in Post-Pandemic World
Uber Technologies said on Wednesday it would focus on delivering profits this year, after rounding off 2022 with blowout earnings as a surge in demand for airport and office rides helped the company rebound from pandemic lows. The rideshare market is benefiting from a return to normal and a rise in car ownership costs, which is pushing many to opt...
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Karnataka Government Declares Ban On App-Based Autos Over Surge Pricing
The dynamic increase in surge prices has caused loud dissent in Karnataka's capital Bengaluru, with the government issuing ban on app-based auto services, making MYn's surge-free model the only best alternative in the city.
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Lyft Testing Earnings Algorithm to Let Drivers See Destination, Pay Details Before Accepting Request
Lyft said on Tuesday it was testing an earnings algorithm that will allow drivers in 18 US cities to see destination and pay details before accepting a request. The test follows a similar move by bigger rival Uber Technologies and underlines how the companies are going the extra mile to fix driver shortages to take advantage of a demand surge broug...
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Uber Drivers, Delivery Agents Grow to 5 Million; Turns Cash Flow Positive for First Time in Bumper Quarter
Uber on Tuesday reported a positive quarterly cash flow for the first time ever, while increasing drivers and delivery agents to its fleet in the quarter, taking their total number to an all-time high of about 5 million. It has forecast Q3 operating profit above estimates, as more people rely on its services for transport and food delivery, accordi...
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Ola, Uber, Other Cab Aggregators to Meet Government Over Unfair Trade Practices
The government has called a meeting of cab aggregators like Ola and Uber to discuss their policies related to fare calculation, surge pricing, ride cancellations and measures taken by them for data protection of customers, according to Consumer Affairs Secretary Rohit Kumar Singh.
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Uber Rides Strong Demand, Delivery Growth to Raise Q1 Profit Forecast
Uber raised its outlook for first-quarter core profit, as its ride-hailing business was recovering faster than expected on the back of a surge in airport rides and an increase in the number of offices being reopened.
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Bolt To Allow Drivers To Set Prices In Three UK Cities
Bolt will be testing the new features across three cities in the Midlands region in England this week, ahead of a planned UK- wide rollout before Christmas when 65,000 drivers would be able to set their own prices within a range or continue to use surge pricing.
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Government Will Allow Uber, Ola To Charge 20% Commission On Ride Fares
The government guidelines recommended that so-called surge prices at busy times can be a maximum of 1.5 times the base fare and that companies must provide insurance cover for drivers and limit them to working no more than 12 hours a day
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Does Gender, Remaining Battery Affect Surge Pricing? Uber, Ola Asked
Does gender, time and battery left on a passenger's cellphones affect cab rates under the practise of "surge pricing" used by ride-hailing platforms Uber and Ola, a parliamentary committee looking into the Personal Data Protection Bill, sources have told NDTV.
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Uber Cites Signs of Rebound From Virus Slump, Says Has Enough Cash to Ride Out Crisis
Uber shares surged Thursday after the ridesharing giant suggested it is seeing the "beginnings of a recovery" in parts of the world following a brutal coronavirus-induced slump.
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Uber Shares Soar After CEO Says Has Enough Cash To Ride Out Coronavirus Crisis
Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.
-
"Rs 810 For 12 km": Bengaluru Man Says "Humanity Is Lost" After Uber Hikes Fare Amid Rain Chaos
The user, caught in the downpour with their family and a small child, condemned Uber, branding them "mafias" for exploiting the situation with inflated prices.
-
"Rs 700 For 1.8km": Delhi Man's LinkedIn Post On Uber's Surge Pricing Starts Debate
A LinkedIn post by a product management professional Surya Pandey on Uber's surge pricing, highlighting a fare of Rs 700 for a 1.8km ride, has sparked widespread debate.
-
Uber CEO Told Company Charged $52 For 3-Mile Ride. This Is How He Reacted
The report is based on a conversation Uber CEO Dara Khosrowshahi had with a journalist in May.
-
"Close To Flight Fare": Man Shocked By Cab Price From Bengaluru Airport To Electronic City
The price for Uber Premium for the 52-km distance was Rs 2,584 whereas Uber XL was priced for a whopping Rs 4,051.
-
Uber Earned Profits in 2022 as Demands for Airport, Office Rides Increased in Post-Pandemic World
Uber Technologies said on Wednesday it would focus on delivering profits this year, after rounding off 2022 with blowout earnings as a surge in demand for airport and office rides helped the company rebound from pandemic lows. The rideshare market is benefiting from a return to normal and a rise in car ownership costs, which is pushing many to opt...
-
Karnataka Government Declares Ban On App-Based Autos Over Surge Pricing
The dynamic increase in surge prices has caused loud dissent in Karnataka's capital Bengaluru, with the government issuing ban on app-based auto services, making MYn's surge-free model the only best alternative in the city.
-
Lyft Testing Earnings Algorithm to Let Drivers See Destination, Pay Details Before Accepting Request
Lyft said on Tuesday it was testing an earnings algorithm that will allow drivers in 18 US cities to see destination and pay details before accepting a request. The test follows a similar move by bigger rival Uber Technologies and underlines how the companies are going the extra mile to fix driver shortages to take advantage of a demand surge broug...
-
Uber Drivers, Delivery Agents Grow to 5 Million; Turns Cash Flow Positive for First Time in Bumper Quarter
Uber on Tuesday reported a positive quarterly cash flow for the first time ever, while increasing drivers and delivery agents to its fleet in the quarter, taking their total number to an all-time high of about 5 million. It has forecast Q3 operating profit above estimates, as more people rely on its services for transport and food delivery, accordi...
-
Ola, Uber, Other Cab Aggregators to Meet Government Over Unfair Trade Practices
The government has called a meeting of cab aggregators like Ola and Uber to discuss their policies related to fare calculation, surge pricing, ride cancellations and measures taken by them for data protection of customers, according to Consumer Affairs Secretary Rohit Kumar Singh.
-
Uber Rides Strong Demand, Delivery Growth to Raise Q1 Profit Forecast
Uber raised its outlook for first-quarter core profit, as its ride-hailing business was recovering faster than expected on the back of a surge in airport rides and an increase in the number of offices being reopened.
-
Bolt To Allow Drivers To Set Prices In Three UK Cities
Bolt will be testing the new features across three cities in the Midlands region in England this week, ahead of a planned UK- wide rollout before Christmas when 65,000 drivers would be able to set their own prices within a range or continue to use surge pricing.
-
Government Will Allow Uber, Ola To Charge 20% Commission On Ride Fares
The government guidelines recommended that so-called surge prices at busy times can be a maximum of 1.5 times the base fare and that companies must provide insurance cover for drivers and limit them to working no more than 12 hours a day
-
Does Gender, Remaining Battery Affect Surge Pricing? Uber, Ola Asked
Does gender, time and battery left on a passenger's cellphones affect cab rates under the practise of "surge pricing" used by ride-hailing platforms Uber and Ola, a parliamentary committee looking into the Personal Data Protection Bill, sources have told NDTV.
-
Uber Cites Signs of Rebound From Virus Slump, Says Has Enough Cash to Ride Out Crisis
Uber shares surged Thursday after the ridesharing giant suggested it is seeing the "beginnings of a recovery" in parts of the world following a brutal coronavirus-induced slump.
-
Uber Shares Soar After CEO Says Has Enough Cash To Ride Out Coronavirus Crisis
Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.
