GM Partners With Lyft To Build A Network Of Self-Driving Cars

Automaker GM will invest $500 million in ride-sharing startup Lyft, which is now valued at $5.5 billion.

Lyft, the ride-hailing startup, announced today that it is partnering with General Motors to create a network of on-demand self-driving cars. The announcement comes as Lyft closes a $1 billion funding round, half of which came from GM. Lyft is now valued at $5.5 billion.

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Published on January 04, 2016 07:30
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