The Week (US)

A surge in ‘surge pricing’

-

Uber and Lyft rides are in a state of perpetual surge pricing, said Mariella Moon in Engadget.com. “In the event that the demand outstrips supply, ride-hailing services typically resort to surge pricing,” using an algorithm to raise fares to entice more drivers to service a certain area. But “surge pricing has been more common recently” as more people start

Newspapers in English

Newspapers from United States