a couple of laughzillas on a blue diamond background

RIP Sidecar: Ridesharing service announces shutdown

Dec29
by on December 29, 2015 at 8:30 pm
Posted In: Apps, Around the Web, Insider

0209_sidecar-driver_with_mox
It seems that ride-sharing app Sidecar could not withstand competitive environment driven by rivals Lyft and Uber. Its CEO, Sunil Paul, announced today via a post on Medium that it would shut down the company’s ride and delivery service on Thursday. Today is a turning point for Sidecar as we prepare to end our ride and delivery service so we can work on strategic alternatives and lay the groundwork for the next big thing. We will cease ride and delivery operations at 2PM Pacific Time, December 31. Founded in 2012, Sidecar took 5 investments totaling $35 million. It’s last fundraising round…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

RIP Sidecar: Ridesharing service announces shutdown

Dec29
by on December 29, 2015 at 8:30 pm
Posted In: Apps, Around the Web, Insider

0209_sidecar-driver_with_mox
It seems that ride-sharing app Sidecar could not withstand competitive environment driven by rivals Lyft and Uber. Its CEO, Sunil Paul, announced today via a post on Medium that it would shut down the company’s ride and delivery service on Thursday. Today is a turning point for Sidecar as we prepare to end our ride and delivery service so we can work on strategic alternatives and lay the groundwork for the next big thing. We will cease ride and delivery operations at 2PM Pacific Time, December 31. Founded in 2012, Sidecar took 5 investments totaling $35 million. It’s last fundraising round…

This story continues at The Next Web

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