Uber is launching a new service that offers fixed routes at a lower cost in select cities across the United States during weekday commuter hours.

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.

The ride-sharing app has been looking to invest in more affordable transport and delivery offerings to widen its user base and combat slowing revenue growth in an uncertain economic environment. Uber's new "Route Share" ride option will cost half as much as the company's UberX ride-hail service,