Latest news with #PriceLockPass
Time of India
15-05-2025
- Business
- Time of India
Uber bets on affordability with shared fixed-route rides, expanded passes
Uber Technologies on Wednesday unveiled a range of new offerings such as shared fixed-route rides and expanded membership passes, targeting consumers seeking cost-effective ways to travel. The ride-sharing app has been looking to invest in more affordable transport and delivery offerings to widen its user base and combat slowing revenue growth in an uncertain economic environment. Uber's new "Route Share" ride option will cost half as much as the company's UberX ride-hail service, by providing pickups every 20 minutes along busy commute corridors. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Air conditioners without external unit. (click to see prices) Air Condition | Search Ads Search Now Undo Initially available in cities such as New York, San Francisco and Chicago, Route Share will operate during weekday rush hours and Uber is considering partnering with employers to integrate pre-tax commuter benefits. The company is also expanding ride passes that help users lock-in lower fares and keep costs predictable. Live Events These ride passes will be available in major U.S. cities such as Chicago, Dallas, and San Francisco, and will be expanded to teen accounts later this year. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Uber unveiled Price Lock Pass for $2.99 in February and it was initially available in a few U.S. markets. The feature will now be available across several cities in the United States and expand throughout the country and Brazil this year, the company said. The company had announced a partnership with Volkswagen to deploy a fleet of thousands of the German automaker's fully electric ID. Buzz AD vehicles as robotaxis next year. The vehicles will also be used for shared self-driving taxi rides. Uber is also scaling its tie-up with Waymo in Austin, aiming to increase the number of robotaxis to hundreds of vehicles in the coming months.
Yahoo
14-05-2025
- Business
- Yahoo
Taking an Uber to work? Your next ride might be cheaper
Uber is launching a new service called Route Share, a carpool-like option aimed at budget-conscious commuters. Route Share will function somewhat like a commuter shuttle: 'consistent and frequent pickup options along direct routes,' running every 20 minutes during the peak commute hours of 6 to 10 a.m. and 4 to 8 p.m. on weekdays. Commuters will walk a 'short distance' to designated pickup and drop-off points, and they may share rides with up to two additional passengers, Uber said in its announcement Wednesday. The service will launch in seven major cities, including New York City, San Francisco and Chicago, before expanding nationwide. Uber says Route Share will save commuters up to 50% compared to the private-ride UberX service — notably higher than the existing UberPool pooled rides option, which is an average 20% savings, the company's website says. The company is also rolling out two new ride passes aimed at reducing costs for riders. The Price Lock Pass, launching Wednesday in select cities for $2.99 a month, lets users lock in a price in advance for up to 10 routes. And a Prepaid Pass launching this summer will offer discounts on bundles of five, ten, 15 or 20 rides paid in advance. The announcements come one week after Uber's quarterly earnings call, on which Uber CEO Dara Khosrowshahi said the company is focused on serving price-sensitive riders — while also boosting usage during peak commute hours. The new features also align with the company's broader goal of competing with public transportation, giving Uber another way to serve its core market of commuting city dwellers. Meanwhile Uber is leaning on other offerings like Uber Reserve — a feature that allows riders to schedule a trip up to 90 days in advance — to expand in the suburbs. Khosrowshahi said in his prepared earnings remarks that the company is seeing suburban customers 'increasingly turn to Reserve as the primary way they use Uber.' For the city dwellers, Route Share will allow riders the flexibility to book a seat anywhere from ten minutes to seven days in advance. Uber is exploring partnerships to make the service eligible for pretax commuter benefits, another factor that could make it appealing to the 9-5 crowd. The move builds on Uber's previous budget-friendly efforts such as Uber Shuttle, which launched last year and lets riders book up to five seats for group rides to events or the airport at a lower price. It also comes as consumer confidence has recently fallen to its lowest level since May 2020, meaning commuters could be looking to spend less on transportation.
CNN
14-05-2025
- Business
- CNN
Uber is launching a cheaper new carpool option for the rush hour crowd
Uber is launching a new service called Route Share, a carpool-like option aimed at budget-conscious commuters. Route Share will function somewhat like a commuter shuttle: 'consistent and frequent pickup options along direct routes,' running every 20 minutes during the peak commute hours of 6 to 10 a.m. and 4 to 8 p.m. on weekdays. Commuters will walk a 'short distance' to designated pickup and drop-off points, and they may share rides with up to two additional passengers, Uber said in its announcement Wednesday. The service will launch in seven major cities, including New York City, San Francisco and Chicago, before expanding nationwide. Uber says Route Share will save commuters up to 50% compared to the private-ride UberX service — notably higher than the existing UberPool pooled rides option, which is an average 20% savings, the company's website says. The company is also rolling out two new ride passes aimed at reducing costs for riders. The Price Lock Pass, launching Wednesday in select cities for $2.99 a month, lets users lock in a price in advance for up to 10 routes. And a Prepaid Pass launching this summer will offer discounts on bundles of five, ten, 15 or 20 rides paid in advance. The announcements come one week after Uber's quarterly earnings call, on which Uber CEO Dara Khosrowshahi said the company is focused on serving price-sensitive riders — while also boosting usage during peak commute hours. The new features also align with the company's broader goal of competing with public transportation, giving Uber another way to serve its core market of commuting city dwellers. Meanwhile Uber is leaning on other offerings like Uber Reserve — a feature that allows riders to schedule a trip up to 90 days in advance — to expand in the suburbs. Khosrowshahi said in his prepared earnings remarks that the company is seeing suburban customers 'increasingly turn to Reserve as the primary way they use Uber.' For the city dwellers, Route Share will allow riders the flexibility to book a seat anywhere from ten minutes to seven days in advance. Uber is exploring partnerships to make the service eligible for pretax commuter benefits, another factor that could make it appealing to the 9-5 crowd. The move builds on Uber's previous budget-friendly efforts such as Uber Shuttle, which launched last year and lets riders book up to five seats for group rides to events or the airport at a lower price. It also comes as consumer confidence has recently fallen to its lowest level since May 2020, meaning commuters could be looking to spend less on transportation.
CNN
14-05-2025
- Business
- CNN
Uber is launching a cheaper new carpool option for the rush hour crowd
Uber is launching a new service called Route Share, a carpool-like option aimed at budget-conscious commuters. Route Share will function somewhat like a commuter shuttle: 'consistent and frequent pickup options along direct routes,' running every 20 minutes during the peak commute hours of 6 to 10 a.m. and 4 to 8 p.m. on weekdays. Commuters will walk a 'short distance' to designated pickup and drop-off points, and they may share rides with up to two additional passengers, Uber said in its announcement Wednesday. The service will launch in seven major cities, including New York City, San Francisco and Chicago, before expanding nationwide. Uber says Route Share will save commuters up to 50% compared to the private-ride UberX service — notably higher than the existing UberPool pooled rides option, which is an average 20% savings, the company's website says. The company is also rolling out two new ride passes aimed at reducing costs for riders. The Price Lock Pass, launching Wednesday in select cities for $2.99 a month, lets users lock in a price in advance for up to 10 routes. And a Prepaid Pass launching this summer will offer discounts on bundles of five, ten, 15 or 20 rides paid in advance. The announcements come one week after Uber's quarterly earnings call, on which Uber CEO Dara Khosrowshahi said the company is focused on serving price-sensitive riders — while also boosting usage during peak commute hours. The new features also align with the company's broader goal of competing with public transportation, giving Uber another way to serve its core market of commuting city dwellers. Meanwhile Uber is leaning on other offerings like Uber Reserve — a feature that allows riders to schedule a trip up to 90 days in advance — to expand in the suburbs. Khosrowshahi said in his prepared earnings remarks that the company is seeing suburban customers 'increasingly turn to Reserve as the primary way they use Uber.' For the city dwellers, Route Share will allow riders the flexibility to book a seat anywhere from ten minutes to seven days in advance. Uber is exploring partnerships to make the service eligible for pretax commuter benefits, another factor that could make it appealing to the 9-5 crowd. The move builds on Uber's previous budget-friendly efforts such as Uber Shuttle, which launched last year and lets riders book up to five seats for group rides to events or the airport at a lower price. It also comes as consumer confidence has recently fallen to its lowest level since May 2020, meaning commuters could be looking to spend less on transportation.
CNN
14-05-2025
- Business
- CNN
Uber is launching a cheaper new carpool option for the rush hour crowd
Uber is launching a new service called Route Share, a carpool-like option aimed at budget-conscious commuters. Route Share will function somewhat like a commuter shuttle: 'consistent and frequent pickup options along direct routes,' running every 20 minutes during the peak commute hours of 6 to 10 a.m. and 4 to 8 p.m. on weekdays. Commuters will walk a 'short distance' to designated pickup and drop-off points, and they may share rides with up to two additional passengers, Uber said in its announcement Wednesday. The service will launch in seven major cities, including New York City, San Francisco and Chicago, before expanding nationwide. Uber says Route Share will save commuters up to 50% compared to the private-ride UberX service — notably higher than the existing UberPool pooled rides option, which is an average 20% savings, the company's website says. The company is also rolling out two new ride passes aimed at reducing costs for riders. The Price Lock Pass, launching Wednesday in select cities for $2.99 a month, lets users lock in a price in advance for up to 10 routes. And a Prepaid Pass launching this summer will offer discounts on bundles of five, ten, 15 or 20 rides paid in advance. The announcements come one week after Uber's quarterly earnings call, on which Uber CEO Dara Khosrowshahi said the company is focused on serving price-sensitive riders — while also boosting usage during peak commute hours. The new features also align with the company's broader goal of competing with public transportation, giving Uber another way to serve its core market of commuting city dwellers. Meanwhile Uber is leaning on other offerings like Uber Reserve — a feature that allows riders to schedule a trip up to 90 days in advance — to expand in the suburbs. Khosrowshahi said in his prepared earnings remarks that the company is seeing suburban customers 'increasingly turn to Reserve as the primary way they use Uber.' For the city dwellers, Route Share will allow riders the flexibility to book a seat anywhere from ten minutes to seven days in advance. Uber is exploring partnerships to make the service eligible for pretax commuter benefits, another factor that could make it appealing to the 9-5 crowd. The move builds on Uber's previous budget-friendly efforts such as Uber Shuttle, which launched last year and lets riders book up to five seats for group rides to events or the airport at a lower price. It also comes as consumer confidence has recently fallen to its lowest level since May 2020, meaning commuters could be looking to spend less on transportation.
