The ride-hailing company is exploring a 2018 initial public offering, as it added fresh capital to its coffers from investors including a venture arm spun out of Google.
NYS Entity Status
NYS Filing Date
MARCH 25, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - CORE CAPITAL SERVICES INC.
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SAN FRANCISCO (AP) — Google's parent company is throwing its financial support behind ride-hailing service Lyft, deepening its rift with market leader Uber.Alphabet Inc., which gets most of its money from Google's digital ad network, is leading a $1 billion investment in Lyft that values the privately held company at $11 billion. The investment announced Thursday is being made through Alphabet's CapitalG venture capital arm.Lyft is still far smaller and worth far less than Uber, another privately held company based in San Francisco whose investors have valued it at nearly $70 billion.
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