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Thursday, 8 December 2016

Uber Egypt freezes prices, forgoes drivers’ service fee

Uber Egypt announced it will not be raising fares for its riders before 31 January 2017. It will also fully forgo the 20% service fee it charges drivers “in light of the current economic situation and increase in fuel prices,” according to press release, covered by Al Mal. The move to fully forgo the service fee is implemented starting from November 28 until the end of January 2017 until the company decides how it will best balance fare prices with the increase in fuel prices. The company’s competitors appear to be taking the opposite approach, with both Careem and Ousta raising prices on fares, and the latter announcing that they will keep charging drivers a service fee, Al Mal reports.

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