Sidecar competition for the upper end services this week

Jan

1

2016

The founders of the company announced Sidecar for their decision to close the company’s services and termination of these services by the end of this year, said the company’s competition to serve the upper ride it will stop work on Dec. 31.

The US Sidecar Company, which is headquartered in San Francisco to provide similar competition for the upper services company in terms of ride sharing services and connectivity services targeted to the business sector for business.

The company was founded in 2011 by Sunil Paul Jahan Khanna, it has struggled in recent years to get out from under the shadow of its traditional rivals such as upper and Uber too Lyft.

The founders Sunil two sides have “is turned off Sidecar service a big disappointment for our team and our fans,” he added “the financial situation of the company impact us dramatically and is considered one of the Labs reasons that led to this decision.”

Complete the founders and their words, “our future generations will feel its impact dramatically, we’ve changed the way Quaon transportation, and we have to create a new style of means of transportation that changed cities and made life easier and better for millions of people.”

The company began its work in 2011 and made a business model where the end-to-peer has provided passenger services on-demand, and turned to a large extent in late 2015 to deliver and delivery of business-oriented company.

The company has in early 2014 to resume its work with the direction to encourage drivers to provide a personal touch for more passengers, such as putting pictures of drivers and Notes for themselves and to provide the car passenger grainy things like phones or free water Charger.

The company worked by August and under the influence of strong competitors on the mitigation of passenger service and put an end to it and a great direction for service delivery and delivery business again, today announces stop and end all services.

The company has struggled to get donations similar to donations upper competitors and too late, but could not get over the five rounds of funding only to $ 35 million.

And got competitors to the company rides on financing and donations much larger than the Sidecar Company, and the evaluation showed that the value of previously published upper Company of $ 62.5 billion.

The number of companies to invest in the Sidecar company like Google Google Ventures investment arm and Lightspeed Venture Partners and Sir Richard Branson, but they are doing well in the competition for investment companies such as upper and too late.

Viewing:-149

In: Technology & Gadgets Asked By: [15174 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »