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Uber Reportedly Selling Its Auto Leasing Business To Startup Fair.com - Science/Technology - Nairaland

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Uber Reportedly Selling Its Auto Leasing Business To Startup Fair.com by Tigerwood123(m): 3:11am On Dec 27, 2017
Uber announced it was shutting down its auto-leasing business Xchange Leasing in September, and now it’s being bought by startup auto leasing company Fair.com, according to a Wall Street Journal report.

The report says that Fair.com, which offers alternative leases where you can keep a car as long as you like, will buy Xchange Leasing for an undisclosed amount. Uber is not selling the company outright, though. It will take a stake in Fair and offer access to Fair’s website through the Uber app. Fair will offer jobs to about 150 workers in return.

read more via: https://www.doubledbrain.com/2017/12/27/uber-reportedly-selling-auto-leasing-business-startup-fair-com/

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