Uber Sells Xchange Leasing Portfolio to Leasing Startup Fair
Uber has sold off one of its units that has sat peripherally to its business. Fair, the car leasing startup that announced debt and equity funding of up to $1 billion in October, has acquired the active leasing portfolio of Xchange Leasing, a service Uber first established in 2015 to lease new and nearly-new vehicles to drivers who did not come to the s…
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