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,

A new Uber service will operate shuttles in select cities along set routes, offering pickups every 20 minutes.

Uber announced a new type of ride that travels along a set route, comes every 20 minutes, includes up to two other passengers, and costs up to 50 percent less than an UberX ride. In other words, a bus.