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.world
    link
    fedilink
    English
    arrow-up
    39
    arrow-down
    6
    ·
    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.news
      link
      fedilink
      English
      arrow-up
      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.com
        link
        fedilink
        English
        arrow-up
        13
        arrow-down
        1
        ·
        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.news
          link
          fedilink
          English
          arrow-up
          16
          ·
          edit-2
          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.works
          link
          fedilink
          English
          arrow-up
          1
          ·
          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