Categories
Uncategorized

Failed Uber Rival Karhoo Allegedly Owes $30 Million to Partners Including VCCP | AgencySpy

Karhoo was supposed to be another Uber competitor: a taxi app that allowed users to “compare all available cab options at a single glance.” The idea was that the company could surpass Uber by using an open format app that included all sorts of cabs rather than simply those driven by Karhoo contractors. And there […]

Karhoo was supposed to be another Uber competitor: a taxi app that allowed users to “compare all available cab options at a single glance.” The idea was that the company could surpass Uber by using an open format app that included all sorts of cabs rather than simply those driven by Karhoo contractors. And there would be no surge pricing. Ever.

The company collapsed last week after what various reports describe as a lavish spending spree in which its founder Daniel Ishag allegedly “blew thousands” on “first-class flights, designer shoes and personal grooming.”

Source: Failed Uber Rival Karhoo Allegedly Owes $30 Million to Partners Including VCCP | AgencySpy

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.