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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.
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