Sábado, 25 Noviembre, 2017

Alphabet, Google's Parent, Leads $1 Billion Investment Round in Lyft

Sticker for Lyft on the back of a Lyft ridae sharing vehicle in the Silicon Valley town of Santa Clara California Sticker for Lyft on the back of a Lyft ridae sharing vehicle in the Silicon Valley town of Santa Clara California. Smith Collection Gado Getty Images
Manuel Armenta | 21 Octubre, 2017, 17:59

Meanwhile, Uber Technologies is trying to recover from a slew of controversies, including the taxi app being stripped of its London licence.

Alphabet's investment in Lyft wasn't a question of necessity for the five-year-old ride-hail player, sources say.

CapitalG partner David Lawee, who will join Lyft's board as part of the latest fundraising, said: "Ridesharing is still in its early days and we look forward to seeing Lyft continue its impressive growth".

Details about the deal between Waymo and Lyft were scant.

Lyft is a distant No. 2 to Uber among ride-hailing services in the United States, and the two companies are bitter rivals.

It also has ties with car maker General Motors, which has invested $500m.

That's partly because Lyft was not given as much control over the in-car experience as the companies initially thought would be possible, several sources told Recode. GM was, and remains, a Lyft investor. The company now has partnered with several automakers and self-driving software developers.

Lyft is also reported to be close to hiring an initial public offering advisory firm, in the first concrete step by the company to become publicly listed.