19-10-2017 23:30 via feeds.reuters.com

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'sinvestment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber Technologies Inc.
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