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February 29, 2016 11:04 am GMT

Tripda, Rocket Internets Carpooling Business, To Shut Down March 4

Screen Shot 2016-02-29 at 10.56.56Another transportation startup has run out of gaswhilelarger 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

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