Alphabet’s CapitalG leads $1B round in Lyft

Green Car Congress
By mmillikinOct 20, 2017, 3:31 am298 pts
CapitalG—Alphabet’s growth investment fund—is leading a $1-billion financing round in ride-sharing company Lyft. This brings Lyft’s post-money valuation to $11 billion. Earlier this month, Lyft completed its 500 millionth ride; the service is now available to 95% of the US population, up from 54% at the…

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