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GM, Lyft announce $500 million investment by automaker and strategic alliance

Posted January 4, 2016 BusinessMediaguide.Com

SAN FRANCISCO (Reuters) – General Motors Inc and Lyft Inc Monday announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500 million investment by the automaker as part of a $1 billion fund-raising round by the ride-sharing service.

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Source : Reuters

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