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GM invests $500 million in Lyft to bolster alliance against Uber - Charlotte Observer

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Charlotte Observer

GM invests $500 million in Lyft to bolster alliance against Uber
Charlotte Observer
General Motors Co. will invest $500 million in Lyft Inc., giving the ride-hailing startup a valuation of $5.5 billion and a major ally in the global battle against Uber Technologies Inc. The investment, part of a $1 billion financing round for Lyft, is ...
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