Google's parent company might invest $1 billion in Lyft, report says

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In case we needed more proof that Google and Uber really are done with each other, Google parent company Alphabet is reportedly considering a major investment in Lyft. 

The investment, which hasn't been finalized, could be as much as $1 billion, according to Bloomberg.

Needless to say, if Google were now to invest such a large amount in Lyft, it would be a serious blow to Uber, which is also currently trying to secure more funding. The news comes on the heels of a report featured in The Information that Lyft is getting ready to start business in Canada, its first international expansion. Read more...

More about Tech, Google, Uber, Lyft, and Tech


via Zero Tech Blog

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