Singapore’s largest taxi operator, ComfortDelGro, will soon launch a dynamic pricing system for its 13,600 cabs from Jan 19.
This means that fares and for Comfort and CityCab taxis could be lower than the metered rates during off-peak hours, but also surge during high demand period.
The dynamic pricing option for ComfortDelGro taxis will be offered through the Uber app.
Called UberFlash, it will dispatch the nearest car or taxi to the passenger.
The move to pool the supply of ComfortDelGro taxis and Uber cars on a common platform follows an alliance between the two companies announced last month.
The deal, which is still under review by the Competition Commission of Singapore, will see ComfortDelGro acquiring a 51 per cent stake in Uber’s rental car subsidiary, Lion City Holdings.
Fares Can Be 2-3X More During Peak Periods
According to a newspaper notice put up by ComfortDelGro on Thursday (Jan 11), UberFlash charges a base fare of $3, with a per kilometre rate of 45 cents.