Lyft wants to kill surge pricing | TechCrunch
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The number of Lyft rides that were affected by surge pricing dropped 35% from the first quarter, according to CEO David Risher.

Lyft wants to kill surge pricing.::The number of Lyft rides that were affected by surge pricing dropped 35% from the first quarter, according to CEO David Risher.

  • BombOmOm@lemmy.worldEnglish
    397·
    1 year ago

    As long as they can get enough drivers during peak hours it shouldn’t be an issue. However, from what I underderstand, the entire point is to somewhat suppress rider demand and increase driver supply during peak hours so that anybody who actually needs a ride can get it, rather than a number of people sitting in tortuous long queues.

    • Steve@communick.newsEnglish
      21·
      1 year ago

      I used to work at U-Haul. In a collage area. U-Haul refused to adjust prices for a couple critical weeks twice a year. So people would have to drive 90min+ to get a truck that was the wrong size.

      It was great being yelled at by people all day.

      • qfe0@lemmy.dbzer0.comEnglish
        141·
        1 year ago

        Adjusting prices wouldn’t have gotten you more trucks, would it? Ostensibly you’d still have just as many people that couldn’t get a truck or had to travel. There was a spike in demand that wasn’t being met.

        • Steve@communick.newsEnglish
          19·
          1 year ago

          But if people knew up front they weren’t getting a truck, they could make other plans. Instead they only found out the day before their move, that they were screwed.

          In the case of Lyft, what’s better: Knowing you’ll be able to get a ride for 2-3x the price? Or finding out while standing on the curb, your normal priced ride won’t be there for an hour or two?

        • ThrowawayPermanente@sh.itjust.worksEnglish
          2·
          1 year ago

          If there’s more money to be gained that week management has a good reason to work a little harder to have all of their trucks on the road at that time, or even find another source to rent them from temporarily