General Motors has absorbed one of Uber’s fallen competitors

Remember a few weeks back when Sidecar announced that it’ll no longer be competing with the likes of Lyft and Uber, and will be exiting the ride-sharing market? Well, most of the assets and technology that belonged to the company has apparently been acquired by General Motors, which has expressed a lot of interest in the ride-sharing market. The automaker has already helped invest $500 million into Lyft, and has teamed up with the company to further both of their ride-sharing ambitions, but it’s not clear how the acquisition of Sidecar’s assets will affect that relationship.