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Rideshare Pioneer Sidecar to Cease Delivery, Ride Operations

December 29, 2015 2:57 PM EST

Sidecar, peer and pioneer to rideshare names like Uber and Lyft, plans to cease ride and delivery operations at the end of this year.

Co-founders Jahan Khanna and Sumil Paul issued a post to Medium breaking the news today. Paul noted a significant capital disadvantage as part of the reason for the move.

The duo said that Sidecar will continue as a company.



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