Gear up for higher fares as ComfortDelGro set to launch surge pricing for its cabs

Gear up for higher fares as ComfortDelGro set to launch surge pricing for its cabs

Ibtimes·2018-01-12 22:10

Singapore's largest taxi company ComfortDelGro is set to introduce dynamic fare pricing for its 13,600 cabs from January 19.

Dynamic pricing, also known as surge pricing, means that fares for ComfortDelGro and CityCab taxis could be lower than the metered rates during the off-peak hours, but prices would increase during periods of high demand.

Taxi operators usually opt for dynamic pricing to encourage more drivers to offer rides when demand for taxis outstrips supply.

According to a newspaper notice on Thursday, ComfortDelGro said its taxis will be available via UberFlash, a new option in the Uber application after the two firms announced a partnership last month.

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