Cab Aggregators News Today

Subscription-based Plans For Auto Drivers: Adopting Namma Yatri, Rapido model may help platforms bypass 5% GST on auto rides. Ola has released its subscription model over the last few weeks for its auto drivers in select markets. Uber has also launched the same in six markets.

Rapido has introduced a subscription fee model for its driver partners on cabs and autos, doing away with the old structure of commissions on rides, while inDrive is offering commission rates of 10-12% to its drivers in India, less than half of leading players Uber and Ola’s 25-30% commission.

Read the latest news about Lyfts stock surge of 67% due to a clerical error in the companys outlook for profitability. Find out how the mistake overshadowed an otherwise strong earnings report and bookings projections. Learn more about Lyfts market share compared to Uber.

Rachel Gumpert, a spokesperson for Justice for App Workers, said ride-hailing drivers in other cities may also demonstrate or strike for at least part of the day. Uber said Tuesday it doesnt expect the strike to have much impact on its operations on Valentines Day. "These types of events have rarely had any impact on trips, prices or driver availability," Uber said in a statement. "Thats because the vast majority of drivers are satisfied."

Taxis operating between 12-6 am can levy an additional charge of 10 per cent.

Uber: A unanimous three-judge panel of the 2nd U.S. Circuit Court of Appeals said the state law that created the New York Black Car Operators Injury Compensation Fund more than 20 years ago clearly permits it to levy the surcharge and a federal judge was wrong to rule otherwise.

This is perhaps the only application which offers a driver-centric approach and auto-hailing services in Hyderabad.

Kailash Gahlot: Gahlot said that as of now the government has not dealt with the issue of "surge pricing" imposed by the app-based cab aggregators but if complaints are received from the people, rules will be framed.

Those interested would need to register with the government within 90 days from the date of notification and procure a license | Latest News Delhi

Gross bookings, which is a metric Lyft started disclosing in the third quarter measuring total transaction value on its platform, grew 15% from a year earlier, compared with a 31% jump in Ubers mobility business. Shares of Lyft fell nearly 4% in extended trading.