Sep
17
Alphabet Considers Lyft Investment of About $1 Billion
By-
Cash may come from Google or private-equity arm CapitalG
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Alphabet grows closer to Lyft as Uber relationship breaks down
Alphabet Inc. has held conversations with Lyft Inc. about a potential investment in recent weeks, signalling strong support for Uber Technologies Inc.’s main U.S. competitor, according to people familiar with the matter.
An investment of about $1 billion in Lyft may come from Google or CapitalG, Alphabet’s private-equity arm, said some of the people, who asked not to be identified because the discussions are private. A deal may not come together. Alphabet and Lyft declined to comment…
Alphabet Considers Lyft Investment of About $1 Billion
