Showing posts with label Uber. Show all posts
Showing posts with label Uber. Show all posts

Wednesday, December 30, 2015

Sidecar, which was supposed to rival Uber and Lyft, has quit trying to compete

As of December 31 at 2 p.m. PST, Sidecar will officially discontinue on-demand ride and delivery services. The company’s CEO, Sunil Paul, announced the shutdown in a blog post Tuesday.

 Sidecar’s $35 million in funding paled in comparison to that of Lyft ($1.26 billion) and Uber ($10 billion). So while the latter two firms quickly expanded internationally, Sidecar’s market remained limited to 10 U.S. cities, focusing mainly on the West Coast.

http://www.thedrive.com/article/1485/sidecar-surrenders-to-uber-and-lyft-stops-service

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