The startup behind Uber’s ride-sharing service has unveiled a new way to make money.
In a video posted to YouTube on Wednesday, Uber CEO Travis Kalanick shows off a new feature that lets you book a ride for just $5 or $10.
The app, called UberX, is available in select cities worldwide and can be used to book rides in about 30 countries.
UberX has two key features: It can connect you to a driver, who then sends you a payment via PayPal.
And you can add up to 20 other people to your reservation, allowing you to book as many as five trips per day.
Uber’s main competitor, Lyft, lets you schedule a ride from a phone.
It launched a similar service in 2014, but Uber has also launched a smartphone app called Lyft Plus that lets riders make phone payments as well.
The new app also allows you access to Uber’s other services, such as the taxi app and UberX.
It can be found on the Uber website, but it’s not yet available in cities that offer it.
Uber is also offering a new “Uber Taxi” service that lets customers make their own trips from their phone to a destination.
Uber said that the UberX app would allow for “a new way of working with drivers.”
A spokesperson for Uber did not immediately respond to a request for comment.
“With UberX we’re taking payments into account, which allows us to better connect riders with the people they need to get to their destinations,” Kalanicky said in the video.
“It’s a way for us to be more responsive to the people that use our service and make sure they get to the right place.”
Kalanicks UberX video shows how you can book a car ride using the Uber app.
Kalanickers UberX also allows customers to add other people on your trip, so you can get around without getting hit with the tolls.
Uber also said that it would continue to work with Lyft and the taxi industry to improve ride-hailing services.
Lyft was not immediately available for comment, but a spokesperson said that Uber is working with Lyft to develop its own services that are better for customers.
Lyft’s chief executive officer, Anthony Levandowski, said that Lyft’s app is “going to have to get better” before it can compete with Uber.
“I think the key to a successful taxi business is the experience,” Levandowski said at a recent conference.
“A good taxi business takes the ride-share experience and turns it into a product.”
Lyft was founded in 2015 by four former Uber drivers, including two former Uber engineers, who raised $40 million in venture capital from several big tech investors.
Uber did more than $1 billion in funding in the first half of this year, according to research firm FactSet.
Uber has struggled to compete with other ride-hire services such as Lyft and Sidecar, which have built up massive followings in cities like New York and San Francisco.
Lyft recently raised $30 million in financing from the ride sharing giant LyftX, which is owned by Uber.
Kalans a self-made billionaire has built a reputation for his ability to quickly find a good driver and build his own business, even when there’s not enough money in the world to fund it.
Kalnicks Uber said the company has made more than 1,200 billion dollars in annual revenue since it launched in 2014.