The company unveils its cheapest ride option yet, price-lock features, prepaid ride bundles, and dining deals as part of a push to attract budget-conscious users. Uber is on Wednesday launching its own version of a bus system along busy routes,

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.

Additionally, Uber is expanding its ride passes to help customers secure lower fares and maintain predictable costs. These ride passes will be available in major U.S. cities such as Chicago, Dallas, and San Francisco, and are planned to be extended to teen accounts later this year.