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Surge pricing no more! Uber rolls out 'upfront fares' in US and some parts of India
The upfront fare will be calculated based on the distance, expected travel time, traffic situation,…
Uber hikes fare across the country, starts showing destination and payment mode to drivers before they accept the trip
The new measures aimed at the drivers include increased fares across the country, a better payme…
Uber and Ola have rolled out surge pricing, but under new garbs
Have things changed? Well, yes and no. The earlier version of the app would display the surge prici…
Uber may pay a 25% premium for Grubhub in a takeover, Barclays says
The potential deal "allows GRUB shareholders to participate in what we think could be a strong ride…
Carmen Reinicke
These Animated Charts Tell You Everything About Uber Prices In 21 Cities
Even so, Uber rates do beat cab fares in most cities. We looked at a sample trip and calculated bot…
Sara Silverstein
Uber CEO says ride prices will be close to normal by September
Uber CEO Dara Khosrowshahi told The New York Times that Uber prices will return "to nearly the good…
Hannah Towey
Uber and Lyft will outperform despite US Labor Secretary's comments that gig workers should be treated as employees, Wedbush says
Wedbush's Dan Ives said that based on industry checks with legal experts he believes federal involv…
Will Daniel
People Aren't Actually Mad At Uber For Using Surge Pricing
Additionally, Uber takes 20% of every fare; drivers keep 80%. Uber maintains that 20/80 split with …
Uber may charge you more based on where you're going
The change comes at a precarious time for the company as it tries to repair its image and rebuild c…
Biz Carson
Uber jumps 8% after it agrees to buy alcohol-delivery service Drizly for $1.1 billion
Drizly's marketplace will be combined with the Uber Eats app, while it continues to keep its own st…
Shalini Nagarajan
Lyft erases losses, swings 10% higher after court issues emergency stay for driver classification order
Lyft shares initially tanked 9% after it announced it would suspend California operations. The emer…
Ben Winck
Uber has revoked job offers made to graduates from IIMs, MDI, SPJIMR
The COVID-19 crisis has not just impacted the salaried employees but also the new college graduates…
These charts will help you plan your Uber ride on New Year's Eve
Justifying the price surges, Uber wrote: "Dynamic pricing applies to ensure there's always a ride a…
Sam Shead
Here's Why Uber Shouldn't Change Its Surge Pricing
If you get mad about Uber surge pricing, you're basically getting mad about snow. Snow creates a to…
Josh Barro
Uber Asked TV Host Michelle Beadle To Pay $132 For A Quick Ride Last Night And She Is Not Happy
Last evening, while sleet and snow pounded the east coast, Uber's surge pricing kicked into effect.…
Here Are The Microeconomics Of Uber's Attempt To Revolutionize Taxi Markets
Taxi markets have long needed a shake-up. In theory, entry should be easy--all that is needed is a …