Ride-hailing company Uber is evaluating options for its capital-intensive US car-leasing business, including a sale of the unit, a source familiar with the matter said.
The Xchange Leasing business, which has about 40,000 vehicles and 14 showrooms in the United States, has attracted interest from some buyers who are considering buying it outright, according to the source.
Other options include a partnership or winding down the unit by reducing its presence in a number of cities that may lead to lay offs, the person said.
The Wall Street Journal reported earlier on Tuesday that as many as
The Xchange Leasing business, which has about 40,000 vehicles and 14 showrooms in the United States, has attracted interest from some buyers who are considering buying it outright, according to the source.
Other options include a partnership or winding down the unit by reducing its presence in a number of cities that may lead to lay offs, the person said.
The Wall Street Journal reported earlier on Tuesday that as many as