YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Alphabet leads $1B investment in Lyft

Posted online

Alphabet Inc.’s investment fund CapitalG led a $1 billion investment round funding ride-hailing service Lyft.

The new round of funding brings the San Francisco-based company’s valuation up to $11 billion, below competitor Uber’s $68 billion value.

CapitalG Partner David Lawee will join Lyft’s board with the investment.

Read more from the San Francisco Business Times.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
2024 Day in the Life

Springfield Business Journal’s annual Day in the Life feature is back, this time taking you into the day of a health care leader, school district superintendent and brewery owner.

Most Read
Update cookies preferences