"Rs 700 For 1.8km": Delhi Man's LinkedIn Post On Uber's Surge Pricing Starts Debate
NDTV
A post by a product management professional on Uber's surge pricing, highlighting a fare of Rs 700 for a 1.8km ride, has sparked widespread debate.
For most working professionals, ride-hailing apps are a convenient and easy-to-use way to move around. However, during surges in demand, they tend to behave more like traditional taxi drivers. These apps set out to increase the normal prices at an extreme level during the time when the customers need it most. A recent post on LinkedIn raised a heated discussion around this, as several professionals expressed frustrations regarding the services and their tendency to seize every chance to increase rates at the most critical moments.
The post was shared by a product management professional, Surya Pandey, who wrote about his surge pricing experience, sarcastically comparing it to the stock market boom of the 1990s. "If only I had the foresight to invest in Uber's surge pricing instead of the stock market, I'd be outpacing Harshad Mehta by now. Isn't it ironic when the problem your product originally set out to solve becomes its biggest flaw?"
The screenshot in the post showed that Uber was asking for Rs 699 for the distance of a mere 1.8 kilometres.