Uber to start surge pricing for ComfortDelGro taxis from Jan 19

Uber to start surge pricing for ComfortDelGro taxis from Jan 19

Ibtimes·2018-01-19 07:35

Ride hailing firm Uber on Thursday announced the surge pricing for all its ComfortDelGro taxis from January 19, ChannelNewsAsia reported .

Commuters will be able to see UberFLASH trip fares before they request a ride, and fares will be lower by 5-10 percent on average compared to an uberX ride, ChannelNewsAsia reported citing an Uber press release.

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.

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