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A Would-Be Uber Rival's $250 Million Taxi Ride to Nowhere - Bloomberg

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Bloomberg

A Would-Be Uber Rival's $250 Million Taxi Ride to Nowhere
Bloomberg
According to internal financial documents, it had raised $39 million as of September and was bleeding money as it attempted to take on Uber Technologies Inc. In its two-year life, Karhoo generated about $1 million in net revenue, according to the ...

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