Uber Targets Commuters With Cheaper Pooled Rides, Price-Lock Pass

Uber Technologies Inc. is introducing a cheaper pooled rides option and a price-lock pass for commuters, underscoring its focus on attracting more daily users as consumers confront rising costs.

The rideshare company on Wednesday announced “Route Share,” a budget-focused offering that’s up to 50% cheaper than a regular UberX and only available during weekday commuting hours. In contrast, its existing pooled rides option cuts costs as much as only 20%. But there’s a catch: Route Share pickups run every 20 minutes only “along busy corridors,” similar to a bus, and passengers may have to walk up to 15 minutes to the pick-up point and share a vehicle with two other people.