GM Confirms Sidecar Acquisition As Auto Makers Take Tech Ambitions Up A Gear

GM Confirms Sidecar Acquisition As Auto Makers Take Tech Ambitions Up A Gear

9008657767_fcaeb1e20a_k Hot on the heels of its $ 500 million investment in transportation startup Lyft, General Motors has acquired select assets of Sidecar, a would-be Uber and Lyft competitor that went bust in December with a hint that this was not the end. The GM news, first reported by Bloomberg, was confirmed to TechCrunch directly by GM. “In connection with Sidecar ceasing operations, we can confirm that… Read More
Fundings & Exits – TechCrunch

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