Uber introducing budget-friendly option for commuters

Ridesharing app Uber has introduced a new budget-friendly option for commuters.

Earlier this week, the company unveiled "Route Share," which allows users to share a ride with up to two other passengers along busy corridors for up to 50 percent less than the cost of UberX.

"Route Share offers consistent and frequent pickup options along direct routes during morning and evening commute hours (6-10 a.m. and 4-8 p.m. local time Monday through Friday)," the company said in a news release.