Now everyone can drive: Uber is getting into the auto leasing business itself in the aftermath of the end of its partnership with Santander. Photo: Reuters
SAN FRANCISCO: Uber Technologies has launched its own auto leasing subsidiary in an effort to sign up more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time.
The move by Uber, announced as a pilot project on July 29, follows the end of its partnership with Banco Santander's US lending unit earlier this year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
