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
Transportation startup Netlift announced the completion of $3.2 million in financing. Four investors participated in the funding, among them Investissement Quebec, Fonds Innovexport, and Real Ventures. Netlift aims to combine carpooling and public transportation to provide commuters an efficient and environmentally sustainable commute. Users can browse
Transportation company Grab completed $700 million in financing from an undisclosed investor. Formerly Known as GrabTaxi, Grab is Southeast Asia’s leading ride-hailing platform, serving a region of more than 620 million people. It began as a taxi-hailing app in 2012, and has extended its product platform