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GM to invest $500M in ride-sharing firm Lyft

Monday, January 4, 2016 | More »

Automaker General Motors Inc will invest $500 million in ride-sharing service provider Lyft Inc as part of an alliance to jointly create a network of on-demand self-driving cars, the two US companies said on Monday. The deal, part of Lyft’s $1 billion fundraising round, is the first such tie-up be...