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Media: Yandex.Taxi raises prices in Moscow since January

According to the Komsomolskaya Pravda newspaper, from January 2022 the Yandex.Taxi service will raise prices for trips in Moscow by 2-3%. In terms of the cost of one minute of travel, this change will mean that in the “Economy” or “Comfort” tariffs, customers will now have to pay 1-2 rubles more per minute. Moreover, the cost of feeding the car will remain the same.

Industry representatives explained that Yandex is trying to compensate for the shortage of cars and drivers with the help of an increase, which has recently led to the increasing use of a multiplier for orders in the service.

Yandex.Taxi said that the increase in the base tariffs of the service will attract more drivers to the system, which should also affect the dynamic pricing algorithm. The previous time Yandex adjusted the tariffs for the Yandex.Taxi service in Moscow in 2018.

On December 8, the managing director of the Yandex group of companies, Tigran Khudaverdyan, said that the increase in prices in Yandex.Taxi is due to the closure of borders and a shortage of drivers amid increased demand. According to him, the service's algorithm tries to maintain a balance between supply and demand. A decrease in prices will lead to an increase in demand, Khudaverdyan explained, and this will be fraught with the fact that it will be more difficult to place an order and wait for a taxi. Therefore, the company does not reduce the cost of travel.

In November, the media reported that Yandex had warned the owners of gas stations about an increase in prices for using the Yandex.Fuel service. Tariffs for the company's services will rise by 1.2 percentage points from December 1, 2021. Until that time, the cost of platform services was 1.99% plus VAT on the amounts of payments through the application, or 2.39% depending on the contract. After the increase, tariffs will be 2.99% plus VAT or 3.59%. Yandex explained that the slight increase in tariffs was caused by "the need to improve the work of the server side and ensure the speed of the application functioning" against the background of a significant increase in the number of partners and customers of the service.

Media: Yandex.Taxi raises prices in Moscow since January