Tripda, Rocket Internet’s Carpooling Business, To Shut Down March 4

#HTE

 Another transportation startup has run out of gas while larger companies continue refuelling to tap into economies of scale. Tripda — a carpooling startup operating in 13 countries including the U.S. and backed by the Berlin-based incubator Rocket Internet — has announced that it will cease operations on March 4 after facing high operating costs and failing to raise funding to… Read More
http://techcrunch.com/2016/02/29/tripda-rocket-internets-carpooling-business-to-shut-down-march-4/?ncid=rss