- Between its investments in Uber and Lyft, Alphabet owns a stake worth over $4 billion in ride hailing.
- CapitalG, Alphabet’s late-stage investing arm, put $500 million in Lyft in late 2017 and has more than doubled its money.
- Alphabet is an investor, technology supplier and even an adversary in the ride-hailing market.
- More: https://www.cnbc.com/2019/03/29/alphabet-has-more-than-doubled-its-money-on-lyft.html
Submitted March 30, 2019 at 10:19AM by markyu007 https://ift.tt/2HUfKmP
