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Sidecar, one of the first startups in the now red-hot ride-sharing and car-hailing market, is shutting down

It’s a sad end to a company that was among the earliest to bring the concept of the sharing economy to cars. Sidecar originally attempted to provide a way for people to use their personal cars to provide rides via an app

Sunil Paul, co-founder and CEO of Sidecar, announced in a blog post that the company would end is service on Dec. 31 at 5 p.m. ET.

“Shutting down the Sidecar service is a disappointment for our team and our fans. The impact of our work, however, will be felt for generations to come. We changed transportation law, and created a new mode of transportation that has transformed cities and made life easier and better for millions of people.” he wrote Read more…

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