With the new features, Uber hopes it can address many issues plaguing commuters in cities.
"Uber Chief Executive Dara Khosrowshahi said the acquisition furthers Uber's goal of offering "the fastest or most affordable way to get where you're going, whether that's in an Uber, on a bike, on the subway, or more".
'That's why we want to provide alternatives to personal auto ownership by bringing together multiple modes of transportation right in our app, ' he added.
Getaround's website says cars are available to rent for as little as $5 per hour, and that auto owners can make up to $10,000 per year offering their vehicle for rent on the service.
Users can "instantly" find privately owned cars that are available for rent in the Uber app, the firm said. Cars can be rented by the hour, or the day, with insurance and 24/7 roadside assistance included.
This builds on a previous partnership announced in May 2017 where people without cars can rent a rideshare-ready Getaround vehicle to drive with Uber and earn money.
Prices are determined based on how long you want to rent the vehicle for.
Days after acquiring e-bike start-up Jump, Uber announced Wednesday that Washington users can now rent the company's pedal-assist bikes straight from the Uber app. The electric motor allows bikes to travel up to 19 miles per hour.
"So we are having to discount very aggressively, much more than you'd think", Khosrowshahi said, to get people to share rides.
Uber has also been blamed for steering people away from mass transit and into Uber operated vehicles, further increasing traffic woes.
Because they are dockless, they can be left at any public bike rack, eliminating a lot of the infrastructure cost other bike-share companies incur, and their location is tracked via Global Positioning System.
"We listened closely to thousands of drivers and from their feedback we were able to identify the benefits they mostly want access to, and so Uber Rewards was developed", said Emmah Mutunga, Greenlight Hub manager for Uber in Kenya. The new Uber Rent platform, which is scheduled to launch later this month in San Francisco, will make cars from Getaround's network available to users of the Uber app.