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January 4, 2016 01:30 pm GMT

Lyft, Now Worth $5.5 Billion, Hops Into The Autonomous Car Race With General Motors

Lyft_PressKit_09Lyft announced the close of its $1 billion Series F round today – half a billion of which came in from General Motors. The ridesharing service is now worth a whopping $5.5 billion and plans to use the money to work with GM on a connected network for self-driving cars. The other $500 million came from Saudi PrinceAl-Waleed’s Kingdom Holding Company, Janus Capital Management,… Read More

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