Uber competitor Sidecar calls it quits

Sidecar closing

After years of trying to catch up to competitors Uber and Lyft, lesser-known ride-hailing startup Sidecar is ceasing operations.

The company will stop offering all rides and deliveries on December 31, 2015 at 2 pm PT. Sidecar founder and CEO Sunil Paul announced the decision in a Medium post on Tuesday.

Sidecar was an early competitor in the ride-hailing app world. Launched in 2012, it raised $35 million in funding from major venture capital firms, including Virgin’s Richard Branson.

It branched out to a number of U.S. cities,…

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