Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched five months ago.

Uber Technologies Inc. is introducing a cheaper pooled rides option and a price-lock pass for commuters, underscoring its focus on attracting more daily users as consumers confront rising costs.

Uber’s pass option comes in bundles of 5, 10, 15 and 20-ride increments, with corresponding discounts between 5% and 20%. Both pass options will be available on teen accounts in the fall, Uber said.

Uber unveiled Price Lock Pass for $2.99 in February and it was initially available in a few US markets. The feature will now be available across several cities in the United States and expand ...

As of Nov. 16, 2021 the Uber Pass and Uber Eats Pass subscription services are no longer available to sign up. They’ve been replaced with the Uber One subscription service.

Uber Technologies Inc. is introducing a cheaper pooled rides option and a price-lock pass for commuters, underscoring its focus on attracting more daily users as consumers confront rising costs.