David Rubin and Partners, Karhoo's administrators, are hoping to

sell off the failed taxi app's assets by the end of 2016,

The Uber rival, which allowed people to find and compare taxi

fares, launched in London in May 2016 after it reportedly raised $250 million £201

However, the company shut up shop last week, less than six

months after launch, after it ran out of money.

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