Uber sells vehicle leasing portfolio to car marketplace Fair

Uber sells vehicle leasing portfolio to car marketplace Fair

The Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS

Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease portfolio of its auto-leasing business Xchange Leasing to startup digital car marketplace Fair.

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