LOS ANGELES (KNX) — Rideshare company Uber plans to offer shared (or pooled) rides again in several major cities, including Los Angeles, for the first time since the COVID-19 pandemic began in 2020.
Pooling rides with other passengers can save riders at least one-fifth of the standard fare price.
The company announced that the shared rides would launch in Los Angeles, San Diego, Portland, Phoenix, Chicago, Indianapolis, Pittsburgh, and New York City. UberX Share only links solo travelers headed in similar directions. The company estimates the cost-saving option will get riders to their chosen destinations no more than eight minutes later than a standard UberX trip.
“We know affordability is important to making transportation more accessible for more people—especially in the current economic climate,” a statement read.
Competitor Lyft reinstated its shared traveling option last year and has expanded it to more cities.
Inflated gasoline prices have contributed to sky-high fares on rideshare apps this year.
“We will be even more hard-core about costs across the board,” Uber CEO Dara Khosrowshahi said in May, noting the company is slashing its marketing spending and focusing on profitability.