Sources: Uber to sell US subprime auto-leasing business, XChange Leasing, to startup car marketplace Fair.com; net book value of Uber's 30K+ vehicles was ~$400M (Greg Bensinger/Wall Street Journal)
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Greg Bensinger / Wall Street Journal:
Sources: Uber to sell US subprime auto-leasing business, XChange Leasing, to startup car marketplace Fair.com; net book value of Uber's 30K+ vehicles was ~$400M — Ride-hailing firm had planned to wind down the business after losses — Uber Technologies Inc. has agreed to sell …
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