General Motors invests $ 500 million in Lyft taxi service
Фото: Depositphotos
American automaker General Motors is investing 500 million dollars in Lyft Inc., which owns a taxi booking application.
In total, within the framework of cooperation, GM intends to invest in Lyft about 1 billion dollars in order, among other things, to create a joint service from self-managed taxis for which no driver is needed.
Previously, another popular taxi ordering service, Uber, announced the development of a taxi program without drivers, the capitalization of which, as the company says, is already order 60-70 billion dollars.
As General Motors President Dan Amman explained, Lyft service shows much more active growth than competing companies, so it was decided to rely on this company.
Companies from Saudi Arabia and Japan are also participating in the project, and total funding could reach 5,5 billion.
GM, reportedly due to the deal, will receive a seat on the board of directors of Lyft, as well as access to the software of a company that has been on the market for three years.
In addition, the flow into the Lyft service of owners of Chevrolet, Buick, GMC or Cadillac cars is expected. It is planned to open a whole network of rental stations in the United States, in which Lyft drivers will be able to rent General Motors cars.
Lyft, which is based in San Francisco, will in turn receive 108 years of experience from the legendary auto concern, whose head office is located in Detroit.
Subscribe to ForumDaily on Google News
-
Pros and cons of political asylum in the United States12868
-
Five dangerous mistakes when applying for a green card due to marriage4147
-
15 amazing professions you might not know about1313
-
A way to save in Target, which many do not know1034
-
What you need to know before you go on your first cruise812
-
Breathtaking: Must-Have Places in Southern California467
-
How to Fly Free: 10 Tips385
-
Pros and cons of political asylum in the United States12868
-
Personal experience: who and why you should not move to the USA5614
-
Where in the USA to buy the medicines we are used to: a list of pharmacies5330
-
50 diseases whose presence will increase the cost of health insurance in the USA4329
-
Five dangerous mistakes when applying for a green card due to marriage4147
-
Street, avenue, boulevard or drive: how to understand the classification of US streets and roads1461
-
Personal experience: what not to do in America1402