We all remember when Uber first arrived in Sri Lanka. There was excitement, and also scrambling about to get our first free ride. For a while, everything was good. Uber seemed to be performing as per our expectation. For once we had an affordable, comfortable way to get to where we were going. The icing on the cake for me was that I could pay via Credit/Debit card so I no longer had to keep stopping at ATMs to withdraw cash. And now the latest addition to Uber is UberZIP. According to a blog post by the taxi-hailing company, UberZIP offers a smaller, smarter and cheaper way for users to get around Colombo.
Just like UberGo, UberZIP also comprises of a range of vehicles. The difference is that whilst UberGo comprises of Tata Nano vehicles and UberX ranges anywhere from a Toyota Prius to a Honda Vezel, UberZIP’s lineup is made of compact Hatchbacks. The rates are lower than UberGo as well. In addition, UberZIP would still offer an AC ride as well.
In a normal world, this would be ideal for people who need to get to an important meeting or use Uber as their daily commute to work. After all, it’s cheaper and you can go to your destination in comfort without worrying about your clothes getting dirty or you being a sweaty mess. In reality, though, it’s a whole different ballgame.
Open up the Uber app anywhere between 8AM to 10AM (or even earlier) and 4PM-6PM or on a rainy day and you’ll see that all Uber rides are subjected to surge pricing. Now the concept of surge pricing is simple. There’s a heavy demand for Uber vehicles, so the company raises the per-kilometre rate. Vehicles are available, but the prices are ridiculously high. The ride that would usually cost you LKR 350 would now cost you LKR 1000.
Another questionable addition to Uber was upfront fees. This was where if you were paying by Credit or Debit card, the amount of the trip would be deducted before the ride began. This had its pros and cons. It made the payment less hassling at the end of the trip (if you were paying by card) but also meant that there would be additional costs incurred if for example, the driver or you took a longer route or were stuck in traffic or you changed your destination.
In addition, in case you didn’t know, Uber also began to charge for wait times for both UberGo and UberX at Rs. 4/min. Although, unlike PickMe, where you are charged for waiting the moment the vehicle is at a standstill (during a traffic block, for example), Uber charges waiting after the first five minutes of the driver arriving at your pickup location. So you essentially have 5 minutes to get to your Uber ride or you will be charged for waiting from the 6th minute onwards
In addition, Uber also charges passengers on Toll-free exits. You don’t necessarily need to pass a toll gate, even f you go on the freeway according to Uber, you would still be charged. So any time that the driver goes through a toll or travels into an area with surcharge, that amount would be added to your fare as well.
To find out, we chose to take the trip from Dematagoda station to our office in Rajagiriya as an example.
As you can see, Uber’s surge pricing is in effect with the ride costing LKR336.82 for an UberZIP and LKR577.95 for an UberGo. In a perfect world, you would be paying approximately LKR350 for an UberGo with surge pricing in place. However, as you can see, you’re paying that for a UberZIP. Just for comparison, if you were to take a Tuk or Nano from PickMe, you would still be able to get to the location for under LKR 330.
Looking at the images above, you can actually go ahead and book a Mini or even a Car from PickMe and it would still cost you LKR 344 and LKR 431, respectively. A difference of almost LKR140 and LKR364, respectively. The overall total would change slightly depending on traffic, but even then, not by much.
All in all, making a claim that they offer the most cost-effective AC rides in town leaves much to be desired, especially if they constantly have surge pricing. After all, if push comes to shove, I feel for one, feel that people would actually pay less and get to their destination by a tuk, than pay for what is supposedly cheaper, but in reality is more expensive. I may be wrong, but that is my opinion. So we ask you, UberZIP, is it really that cheap? You decide.
What are your thoughts on this? We would love to hear from you.
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Seedstars, a global organization based in Switzerland promotes, connects and invests up to $1 million USD in emerging market startups through their exclusive startup competition held in over 60 countries.
Seedstars, a global organization based in Switzerland promotes, connects and invests up to $1 million USD in emerging market startups through their exclusive startup competition held in over 60 countries. Last year, we saw Seedstars come to Sri Lanka for the first time. LayUp was selected as the winner of the first Seedstars Colombo, which was held last year. LayUp then went onto represent Sri Lanka as a finalist at Seedstars Global. Eight startups will be competing at SeedStars Colombo 2017.
The winning startup will receive an all-expenses paid trip to both the Seedstars Asia Regional Summit in Bangkok. They’ll also win a trip to Switzerland to compete at the Seedstars Global Summit for equity investments of up to USD 1 million, and to meet with international mentors and investors.
(Thursday) 5:00 pm - 8:30 pm
MAS Innovation Center
#50 Foster Lane, Colombo
Mobile Application Security Beyond Compliance Speaker Christopher Stewart is an IT Infrastructure and Security Practitioner with over 11 years of experience including cyber defense and Governance & Audit areas. Here's your chance to
Mobile Application Security
Christopher Stewart is an IT Infrastructure and Security Practitioner with over 11 years of experience including cyber defense and Governance & Audit areas. Here’s your chance to catch Christopher’s session on Mobile Application Security: Beyond Compliance.
Sign up via Email [email protected] | Call us on 011 4713290
*Priced at Rs. 500 (free for CSSl members)
(Monday) 5:45 pm - 7:45 pm
Prof Stanley Wijesundera Mawatha, Colombo 00700
Startup weekend-Trincomalee Beach Calling entrepreneurs, Growth Hackers, Dreamers, Rain Makers and Startup Catalysts to change the world in 54 hours! Bring your creativity and skills and Join Startup Weekend Trincomalee
Startup weekend-Trincomalee Beach
Calling entrepreneurs, Growth Hackers, Dreamers, Rain Makers and Startup Catalysts to change the world in 54 hours! Bring your creativity and skills and Join Startup Weekend Trincomalee ,Friday 27th to Sunday 29st Octon,2017 at Trinco beach hotel, Trinco
What’s Startup Weekend, Anyway?
Startup Weekend is a global phenomenon – 54 hours of fast and furious prototype development through to exploring potential markets and pitching. It’s an unparalleled opportunity to build lasting relationships with co-founders; mentors, and investors.The real value comes from taking an idea from concept through to execution using Lean tactics and working under high pressure with the best startups.
Google for Entrepreneurs is the global partner for Techstars Startup Weekend Program, including Startup Weekend, Startup Next and Startup Digest. Google is a sponsor of Techstars Accelerator Programs. Techstars collaborates with the Google for Entrepreneurs campuses across the globe to support engagement with entrepreneurs everywhere.
What You Can Do?
In short, Startup Weekend shapes the lives of many people as a starting point as entrepreneurs and startup enthusiasts. Ultimately, it’s an amazing spring board to get started on something (a new business, career at a startup or great relationships).
Come pitch, join a team, iron out your business model, and build away! In just 54 hours teams will come together to create startups from scratch and learn about entrepreneurship in a hands-on and meaningful way. Developers, designers, business experts, and makers will come to build prototypes and launch startups that use hardware or software to interconnect us all and change the world.
WHO GOES TO STARTUP WEEKENDS?
Experienced business people or budding entrepreneurs, Creative designers, Coders, growth hackers who are looking for new ideas and wanting to challenge their skills – Startup Weekends are a fun and exciting way to to upskill and test yourself in the world of startups
WHAT DO YOU DO AT A STARTUP WEEKEND?
Starting from 6.30 PM on Friday registration will be done, Welcome speech, Dinner, Startup pitches ideas chosen and lasting teams formed. By late Friday night you’ll be on your way with goals set and roles assigned.
Saturday is all about validation – contacting potential customers and checking out if there is really a market for your idea – and reacting fast if you need to change. Meanwhile if you’re a developer or a designer you’ll be furiously building the product.
Sunday is about making it work and preparing for the final pitch to a panel of carefully chosen judges. Throughout the process mentors from all backgrounds will be on hand. (link to timetable)
WHAT HAPPENS AFTER
Celebrate! We’ll put in place a follow up event, and there will be other opportunities, including our Co-Starters program.
What is the benefit of attending Startup Weekend ?
Startup Weekends are all about learning through the act of creating. Don’t just listen to theory, build your own strategy and test it as you go. It’s like an MBA in a weekend.
2) Build your network:
This isn’t just a happy-hour. Startup Weekend attracts your community’s best makers and do-ers. By spending a weekend working to build scalable companies that solve real-world problems, you will build long-lasting relationships and possibly walk away with a job or a even an investor.
3) Co-Founder Dating:
We all know it’s not just about the idea – it’s about the team. Startup Weekend is hands down the best way to to find someone you can actually launch a startup with.
4) Learn a new skill:
Step outside of your comfort zone. With a whole weekend dedicated to letting your creative juices flow, Startup Weekends are prefect opportunities to work on a new platform, learn a new programming language, or just try something different.
5) Actually launch a business:
Over 36% of Startup Weekend startups are still going strong after 3 months. Roughly 80% of participants plan on continuing working with their team or startup after the weekend.
6) Get face time with thought leaders:
Local tech and startup leaders participate in Startup Weekends as mentors and judges. Get some one-on-one time with the movers and shakers in your community.
7) Save money & get stuff:
Startup Weekends cost $40 (less for students). Your ticket covers seven meals, snack, access to exclusive resources our global sponsors, and all the coffee you can drink.
8) Join a global community:
Join over 30,000 Startup Weekend alumni, all on a mission to change the world.
Facilities for the Attendees?
Mentors : Whether it’s growth, design, or prototype,you’ll find a mentor who can help
Free WIFI: You will Get Free WIFI Access from our Telecom Partner
Meals : Morning Refreshment Plus Lunch and Dinner
Community Perks and Discounts : Take advantage of perks and discounts offered to all Startup Weekend participants from the Global sponsors.
Much More: Whatever you are building, our sponsors and community have put together some fantastic resources to help you build your idea.
october 27 (Friday) - 29 (Sunday)
Trinco Beach Hotel
326,Dyke Street, Trincomalee