News: Passengers will have to pay £2 cancellation charge if they show up late.
After launching its UberPool service earlier this month in London the taxi hailing app already made around 45,000 trips in its first week.
With UberPool, passengers can share their ride with three other co-passengers who have requested a ride along a similar route.
According to Uber, the service will allow its customers to save 25% of the cost when compared to similar uberX trips.
The Press Association cited Uber London general manager Tom Elvidge as saying: "By sharing their journey with other people going in the same direction, Londoners are saving money and reducing mileage too.
"Every day, millions of cars drive on London’s roads and most have just one person in them.
"With this new service we are making it easier and cheaper for people to leave their own cars at home and share an Uber to get from A to B instead."
Nearly two-thirds of Uber’s London drivers reportedly carried out a shared journey in the last week.
The company initially launched the service in August last year and since then the service has been spread to different parts of the world including Paris, Los Angeles, New York, San Francisco and Boston.
However, the new service has strict rules as passengers will have to pay £2 cancellation charge if they do not show up on the pickup location within two minutes of the arrival of the car.