Alphabet's CapitalG leads Lyft's $1 billion funding round

(Reuters) - Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one of Alphabet Inc's investment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber Technologies Inc.

from Reuters: Technology News http://ift.tt/2yzBgpb