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September 27, 2017 06:33 pm GMT

Uber is shutting down its Xchange vehicle leasing business

Uber has confirmed to TechCrunch that it will shut down its Xchange Leasing subsidiary, which provided vehicle leases to drivers on the service that couldn’t otherwise procure vehicles through traditional financing options. The shutdown wasn’t unexpected – Uber said in August that it was working on what to do with the business, after reports emerged that it was considering… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ao-ishSbsaA/

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