Report Uber selling U S auto leasing business to Fair

Report Uber selling U.S. auto-leasing business to Fair.com.
Uber Technologies reportedly has reached a deal to sell its U.S. subprime auto leasing business to Fair.com, a startup car marketplace.

The planned sale ends the ride-sharing giant’s effort to recruit new drivers who don’t have regular access to vehicles of their own, The Wall Street Journal reported Tuesday, citing unidentified people familiar with the transaction.

Representatives of Uber and Fair.com did not immediately respond to emails seeking comment.

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