Lyft confirms $1B investment from Alphabet

[ad_1] Lyft Looks like Lyft could soon be appearing larger in Uber‘s rear-view mirror. Confirming last month’s reports, the ride-hailing startup announced today that Google-parent Alphabet’s growth investment fund, CapitalG, is leading a $1 billion financing round. This brings Lyft’s valuation to $11 billion. While Lyft isn’t as ubiquitous as its main competitor Uber, the […]