CUMULATIVE SURGED RIDE VALUE CALCULATION ON A RIDESHARING PLATFORM

1 . A method for cumulative surged ride value calculation, comprising:

obtaining a set of segments of a trip of a vehicle on a ridesharing platform, wherein the trip serves a plurality of riders;

obtaining a personal surge multiplier associated with each of the plurality of riders;

obtaining a driver basic fare for each segment; and

determining a cumulative ride value based on the driver basic fare for each segment and the personal surge multiplier associated with each of the plurality of riders.

2 . The method of claim 1 , wherein each segment in the set of segments comprises a starting location and an ending location, wherein the starting and ending locations are associated with one or more of picking up a rider or dropping a rider off.

3 . The method of claim 1 , wherein the determining a cumulative ride value based on the driver basic fare for each segment and the personal surge multiplier associated with each of the plurality of riders comprises:

obtaining a surge multiplier for each segment based on a number of riders in the vehicle at the end of the each segment and the rider surge multipliers associated with the riders in the vehicle at the end of the each segment; and

determining the cumulative ride value based on the driver basic fare for each segment and the surge multiplier for each segment.

4 . The method of claim 3 , wherein determining a cumulative ride value based on the driver basic fare for each segment and the surge multiplier for each segment comprises:

obtaining an average surge multiplier for each segment based on a sum of the rider surge multipliers over each segment divided by the number of riders in the vehicle at the end of each segment;

obtaining a surged fare for each segment based on the product of the average surge multiplier for each segment and the driver basic fare for each segment; and

adding the surged fare for each segment to the cumulative ride value.

5 . The method of claim 3 , wherein obtaining the surge multiplier for each segment comprises:

obtaining a weight for each rider in the vehicle at the end of each segment;

obtaining a rider surge multiplier for each rider;

obtaining a weighted rider surge multiplier for each rider based on a product of the weight and the rider surge multiplier; and

calculating the surge multiplier based on a summation of the weighted rider surge multipliers for each rider.

6 . The method of claim 5 , wherein obtaining the weight for each rider comprises:

obtaining a rider value for each rider;

obtaining a summation of the rider values; and

calculating the weight for each rider based on the rider value for each rider divided by the summation of the rider values.

7 . The method of claim 6 , wherein the rider value for each rider comprises a gross merchandise value collected from each rider.

8 . The method of claim 6 , wherein the rider value for each rider comprises a life time value for each rider.

9 . The method of claim 5 , wherein determining a cumulative ride value based on the driver basic fare for each segment and the surge multiplier for each segment comprises:

obtaining a surged fare for each segment based on the product of the surge multiplier for each segment and the driver basic fare for each segment; and

adding the surged fare for each segment to the cumulative ride value.

10 . The method of claim 1 , wherein the driver basic fare for each segment is based on a per-minute fee rate multiplied by the duration of the trip and a per-mile fee rate multiplied by the distance of the trip.

11 . The method of claim 1 , the method further comprising: adding a set of additional fees to the cumulative ride value.

12 . A system for cumulative surge ride value calculation, comprising one or more processors and one or more non-transitory computer-readable memories coupled to the one or more processors and configured with instructions executable by the one or more processors to cause the system to perform operations comprising:

obtaining a set of segments of a trip of a vehicle on a ridesharing platform, wherein the trip serves a plurality of riders;

obtaining a personal surge multiplier associated with each of the plurality of riders;

obtaining a driver basic fare for each segment; and

determining a cumulative ride value based on the driver basic fare for each segment and the personal surge multiplier associated with each of the plurality of riders.

13 . The system of claim 12 , wherein the determining a cumulative ride value based on the driver basic fare for each segment and the personal surge multiplier associated with each of the plurality of riders comprises:

obtaining a surge multiplier for each segment based on a number of riders in the vehicle at the end of the each segment and the rider surge multipliers associated with the riders in the vehicle at the end of the each segment; and

determining the cumulative ride value based on the driver basic fare for each segment and the surge multiplier for each segment.

14 . The system of claim 13 , wherein determining a cumulative ride value based on the set driver basic fares and the set of surge multipliers comprises:

obtaining an average surge multiplier for each segment based on a sum of the rider surge multipliers over each segment divided by the number of riders in the vehicle at the end of each segment;

obtaining a surged fare for each segment based on the product of the average surge multiplier for each segment and the driver basic fare for each segment; and

adding the surged fare for each segment to the cumulative ride value.

15 . The system of claim 13 , wherein obtaining the surge multiplier for each segment comprises:

obtaining a weight for each rider in the vehicle at the end of each segment;

obtaining a rider surge multiplier for each rider;

obtaining a weighted rider surge multiplier for each rider based on a product of the weight and the rider surge multiplier; and

calculating the surge multiplier based on a summation of the weighted rider surge multipliers for each rider.

16 . The system of claim 15 , wherein obtaining the weight for each rider comprises:

obtaining a rider value for each rider;

obtaining a summation of the rider values; and

calculating the weight for each rider based on the rider value for each rider divided by the summation of the rider values.

17 . The system of claim 15 , wherein determining a cumulative ride value based on the set driver basic fares and the set of surge multipliers comprises:

obtaining a surged fare for each segment based on the product of the surge multiplier for each segment and the driver basic fare for each segment; and

adding the surged fare for each segment to the cumulative ride value.

18 . A non-transitory computer-readable storage medium configured with instructions executable by one or more processors to cause the one or more processors to perform operations comprising:

obtaining a set of segments of a trip of a vehicle on a ridesharing platform, wherein the trip serves a plurality of riders;

obtaining a personal surge multiplier associated with each of the plurality of riders;

obtaining a driver basic fare for each segment; and

determining a cumulative ride value based on the driver basic fare for each segment and the personal surge multiplier associated with each of the plurality of riders.

19 . The non-transitory computer-readable storage medium of claim 18 , wherein determining a cumulative ride value based on the set driver basic fares and the set of surge multipliers comprises:

obtaining a surge multiplier for each segment based on a number of riders in the vehicle at the end of the each segment and the rider surge multipliers associated with the riders in the vehicle at the end of the each segment;

obtaining an average surge multiplier for each segment based on the surge multiplier for each segment divided by the number of riders in the vehicle at the end of each segment,

wherein the surge multiplier for each segment is based on a summation of rider surge multipliers for each rider in the vehicle at the end of each segment;

obtaining a surged fare for each segment based on the product of the average surge multiplier for each segment and the driver basic fare for each segment; and

adding the surged fare for each segment to the cumulative ride value.

20 . The non-transitory computer-readable storage medium of claim 18 , wherein determining a cumulative ride value based on the driver basic fare for each segment and the surge multiplier for each segment comprises:

obtaining a weight for each rider in the vehicle at the end of each segment;

obtaining a rider surge multiplier for each rider;

obtaining a weighted rider surge multiplier for each rider based on a product of the weight and the rider surge multiplier;

calculating the surge multiplier for each segment based on a summation of the weighted rider surge multipliers for each rider;

obtaining a surged fare for each segment based on the product of the surge multiplier for each segment and the driver basic fare for each segment; and

adding the surged fare for each segment to the cumulative ride value.