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surge pricing

noun

surge pricing

noun

Etymology Popularized by the ride-hailing service Uber.

1

Synonym of dynamic pricing.

  • One survey showed that half of customers think of dynamic pricing as price gouging; surge pricing in rideshare apps leads to more customer complaints; and polls show that shoppers are worried about companies collecting their data to shape prices.2024 April 16, Christopher Beam, “Welcome to Pricing Hell”, in The Atlantic:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.