Uber is phasing out its subprime car-leasing division after massive losses - The Verge

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Uber is phasing out its subprime car-leasing division after massive losses The Verge Uber plans to discontinue its subprime car-leasing operation as it currently exists, according to The Wall Street Journal. Uber created Xchange Leasing LLC in 2015 in a bid to disrupt the auto loan industry, but it will now sell off or close most of ...

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