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Cabvibe, another ride sharing service, adopts a dynamic pricing model for both drivers and passengers

Cabvibe-Driver

by Pscribe Digital Services Ltd

What is it about?

Cabvibe, another ride sharing service, adopts a dynamic pricing model for both drivers and passengers. The app estimates fares based on the destination and demand at any given time. Cabvibe encourages drivers to take on more rides during peak hours by offering higher payment rates during those periods. This results in higher fares for riders during busy times, ensuring an adequate number of drivers are available. On occasions like New Year's Eve, passengers may expect to pay premium prices but can be confident of securing a ride, unlike traditional taxi services where availability might be uncertain.

App Details

Version
1.0.18
Rating
NA
Size
126Mb
Genre
Travel Navigation
Last updated
October 16, 2024
Release date
December 20, 2023
More info

App Store Description

Cabvibe, another ride sharing service, adopts a dynamic pricing model for both drivers and passengers. The app estimates fares based on the destination and demand at any given time. Cabvibe encourages drivers to take on more rides during peak hours by offering higher payment rates during those periods. This results in higher fares for riders during busy times, ensuring an adequate number of drivers are available. On occasions like New Year's Eve, passengers may expect to pay premium prices but can be confident of securing a ride, unlike traditional taxi services where availability might be uncertain.

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