Hailo Pulls Out of U.S. Market
Hailo Network, a ridesharing services company that linked passengers with drivers for hire, said it would cease operations in the United States.
The London-based company, which competed with Uber and Lyft for a share of the app-driven car service market, will continue to operate in other markets including London, Manchester, Tokyo, Osaka, and Barcelona. According to its website, it plans to begin operations in Singapore later this year.
Hailo, which calls itself the “Black Cab App,” offered its services in Atlanta, Boston, Chicago, New York, and Washington, D.C.
The company was founded in 2011 by three former taxi drivers and has focused more on the traditional taxi industry as opposed to car services and private drivers.
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