Hailo will stop offering taxi services in North America following a rethink of company strategy amid fierce competition from rivals like Uber. Revealed today in an interview with the Financial Times,_company_CEO Tom Barr said the plans to close in the US and Canada were because it was impossible to make a profit there. Instead,_it plans to put more focus on Europe and Asia. Barr added_that the service was actually seeing_growth, but that the price war between services like Uber and Lyft_had removed the viability of continuing with its operations in North America. Staff in Washington, Chicago, Boston, Toronto and Montreal...
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