Similar Stories to Alphabet Leads $1 Billion Investment In Lyft, But Is Gm On The Way Out? on Bing News

Jonathan M. Gitlin, Ars Technica
Thu, 10/19/2017 - 2:15pm

Enlarge / A Lyft-branded car picks up a passenger in San Francisco on June 20, 2015. (credit: Ramin Talaie | Getty Images) In September, we found out that Alphabet was possibly about to invest in the ride-hailing company Lyft. On Wednesday, Recode reported that the speculation was correct, and Google's parent company is leading a $1 billion round of investment that raises Lyft's valuation to $11 billion.

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Similar Stories to Alphabet Leads $1 Billion Investment In Lyft, But Is Gm On The Way Out? on Bing News

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