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#Lyft

Transportation company Lyft announced the completion of $500 million in financing, led by CapitalG, Alphabet’s growth investment fund. According to the company, Lyft is second only to Uber as an on-demand ridesharing service, and it completed its 500-millionth ride earlier this year. The firm said

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Ride-hailing startup Lyft announced it has closed $1 billion in financing from CapitalG, Alphabet’s growth investment fund. This brings Lyft’s post-money valuation to $11 billion. Lyft is second only to Uber as an on-demand ridesharing service. According to the company, it has just completed its

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