(Image credit: Lyft)

Ridesharing apps Lyft and Uber announced carpool options this week. Lyft Line uses an algorithm to suggest pick ups along the driver's current route, with a max of three passengers. Fares are discounted a minimum of 10%, and up to 60%. UberPool is in beta in select cities, and the company sites that the new service is up to 40% cheaper than an UberX ride.

Lyft And Uber Want You To Carpool With Strangers | Fast Company