Sidecar to Close Ridesharing, Delivery Service on Dec. 31

The closure will allow the company to 'work on strategic alternatives and lay the groundwork for the next big thing.'

Ridesharing and delivery service Sidecar will close on December 31, according to a blog post from Sidecar co-founder and CEO Sunil Paul.

Sidecar was founded in 2011, and allowed users to connect with drivers in their personal vehicles. In February 2015, Sidecar expanded to offer same-day delivery for packages, restaurant orders, flowers and groceries.

Paul wrote:

Long ago we conceived of the technology that gave rise to the rideshare movement. And nearly four years ago we invented what is now known as “ridesharing” with an app that connected riders with everyday drivers in their personal vehicle.

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