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Uber launches new subscription service in U.S.

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Uber has announced a new subscription service to help customers avoid price surging.

Titled "Ride Pass", the new service is only available in five U.S. cities at the moment.

According to the BBC, costs $24.99 a month in Los Angeles and $14.99 in Austin, Denver, Miami and Orlando. Uber says the service will expand to other U.S. cities in 2019.

"We want to make Uber a reliable alternative to driving yourself - an affordable option people can use for their everyday transportation needs," product manager Dan Bilen said.

The ride-sharing company says users will save up to 15 percent a month when subscribing to "Ride Pass."