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Doesn't Uber do that auctioning too? They call it price surging. Typically only happens during events where there's a spike in demand, like a very popular conce
by jordigh 8y ago
Doesn't Uber do that auctioning too? They call it price surging. Typically only happens during events where there's a spike in demand, like a very popular concert, for example.
- whorleater 8y agoSure, but the auction itself is largely hidden away from you, instead of competing with other riders on price. In this case availability + east of use trumps "weird auctioning for rides"
- lozenge 8y agoUber just shows you the price, whereas it's less fun when you wonder "will I get a better price from the next taxi, and how long will it take until I see one"
- dantheman 8y agoUber also increases what it pays drivers so it uses the added money to increase supply.