The car transportation service Uber is requiring its riders to pay a minimum of $175 per ride on New Year's Eve.
Chief Operating Officer Travis Kalanick told Business Insider, “It’s just supply and demand.”
Uber uses a cell phone application to determine your location and have their drivers pick you up. The passenger then automatically pays through the Uber app, which needs a credit or debit card attached. It’s a seamless and efficient transaction which has led to the company being valued at over $40 billion.... Read More →