Sidecar Throws In The Towel

Sidecar, which was attempting to compete against Uber and Lyft in the Los Angeles area, and recently switched over to focus on on-demand delivery services, is shutting down, according to the company's CEO. According to Sunil Paul, CEO of Sidecar, it will cease both ride and delivery operations at 2PM Pacific Time on December 31st. Reason for the shutdown was not given by Paul. Sidecar initially launched into Los Angeles in 2013, into a crowded market which includes Uber, Lyft, and a number of other less well funded competitors.