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

 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 via Twitter

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