XAutoplay: On | OffCapitalG, Alphabet's growth investment fund, led the financing round, Lyft said in a blog.
"While we've made progress towards our vision, we're most excited about what lies ahead", they wrote.
Lyft remains a distant second to Uber, both in terms of market share and valuation.
The new funding round gives Lyft a cash infusion to compete with Uber, which has been reeling from a series of scandals and executive turnover in 2017. The fact remains that less than 0.5% of miles traveled in the USA happen on rideshare networks.
Waymo, the autonomous-driving subsidiary of Alphabet, in May announced an alliance with Lyft, Uber's main rival.
This is not yet a done deal and the report notes it "may not come together", so we'll just have to wait and see what happens. The company was reported to be raising a new $1 billion round, with Alphabet involved, back in September.
There's yet another complication in Alphabet's relationship with start-up giant Uber. CapitalG Partner David Lawee will join Lyft's board.
"We're looking forward to working with Lyft to explore new self-driving products that will make our roads safer and transportation more accessible", a Waymo spokesperson said at the time.
One reason why China Unicom may have stopped service is because Apple uses a new kind of SIM card in the Apple Watch, called eSIM. Chinese regulators may be slowing adoption to figure out the policy around eSIM cards, which are built into the watch.
But the code does not require people to do this, and if it did, the Supreme Court would undoubtedly strike it down. The poll initiated that just 53% of registered voters said that they were exceptionally or very focused on race.
Now, thanks to the latest research, scientists have a better idea of how expansive lunar lava tubes really are. The Marius Hills lava tube could very well be the site of this new age of lunar colonization.
Lam Research Corporation (LRCX): Overbought Stock Of Yesterday
California Public Employees Retirement Systems has invested 0.01% of its portfolio in Sarepta Therapeutics Inc (NASDAQ:SRPT). The Company operates through manufacturing and servicing of wafer processing semiconductor manufacturing equipment segment.
WhatsApp rolls out live location sharing for Android and iOS
In addition, you can also choose to terminate the sharing of location prematurely before the end of the specified time period. By tapping on to this option, you will be taken to a map where you can select the map with Satellite or Terrain view.