UBER'S NEW BUS-LIKE FEATURE FOR COMMUTERS IS NEARLY 50 PERCENT CHEAPER THAN UBERX

Summary from the TLDR newsletter

Uber's new type of ride service travels along a set route every 20 minutes with up to three passengers. Route Share will cost up to 50% less than an UberX ride. The service will be available in select cities and only during commuting hours. Uber says the service is a complement to public transit. The company has also announced a new price lock feature that allows customers to lock in a certain price for up to 10 routes for a $2.99 per month fee. Customers can now prepay for up to 20 rides a month at a reduced rate.