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Uber reportedly selling its auto leasing business to startup Fair.com

The Verge --------- 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. To learn more click on the picture below to read the article.

Uber reportedly selling its auto leasing business to startup Fair.com - Read More from The Verge

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