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04-18-2016, 03:00 PM
Delhi government to penalise Ola and Uber cabs for surge pricing during odd-even car restrictions
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The Delhi government has said that it will take "strict action" against Uber and Ola after customers faced heavy surge pricing on the first working day of Delhi's odd-even car restrictions. The two ride-hailing apps had reportedly hiked their rates by three to five times of the regular fare.
See also: Why ride-hailing apps are betting big on autorickshaws in India (http://mashable.com/2016/04/14/india-ola-jug**o-apps-autos/)
Both companies argue that surge pricing is determined by an algorithm that factors in the demand for cabs at a time, rather than decided by them. "Our goal: Get you a ride within minutes, at the push of a button — even on the busiest days. Surge pricing makes this possible, almost always," Uber India tweeted (https://twitter.com/Uber_India/status/722000035936768000) in response. Read more... (http://mashable.com/2016/04/18/ola-uber-surge-pricing-delhi/)
More about India (http://mashable.com/category/india/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Uber (http://mashable.com/category/uber/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Surge Pricing (http://mashable.com/category/surge-pricing/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Taxi App (http://mashable.com/category/taxi-app/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/-HohtOV8PDw
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The Delhi government has said that it will take "strict action" against Uber and Ola after customers faced heavy surge pricing on the first working day of Delhi's odd-even car restrictions. The two ride-hailing apps had reportedly hiked their rates by three to five times of the regular fare.
See also: Why ride-hailing apps are betting big on autorickshaws in India (http://mashable.com/2016/04/14/india-ola-jug**o-apps-autos/)
Both companies argue that surge pricing is determined by an algorithm that factors in the demand for cabs at a time, rather than decided by them. "Our goal: Get you a ride within minutes, at the push of a button — even on the busiest days. Surge pricing makes this possible, almost always," Uber India tweeted (https://twitter.com/Uber_India/status/722000035936768000) in response. Read more... (http://mashable.com/2016/04/18/ola-uber-surge-pricing-delhi/)
More about India (http://mashable.com/category/india/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Uber (http://mashable.com/category/uber/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Surge Pricing (http://mashable.com/category/surge-pricing/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Taxi App (http://mashable.com/category/taxi-app/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/-HohtOV8PDw