Google could make a billion-dollar bet on Uber's biggest competitor

Lyft ride-sharing app.
(Image credit: Mike Coppola/Getty Images for Lyft)

Google's parent company, Alphabet, may soon invest in the app Lyft, Reuters reports.

The investment discussions come months after Alphabet's self-driving car unit, Waymo, announced a partnership with the ride-hailing app. Waymo and Lyft will combine resources to collaborate on self-driving technology that could alter the ride-hailing industry. Waymo is also in the midst of a lawsuit against Uber Technologies, Lyft's largest competitor, over allegedly stolen self-driving car technology.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Elianna Spitzer

Elianna Spitzer is a rising junior at Brandeis University, majoring in Politics and American Studies. She is also a news editor and writer at The Brandeis Hoot. When she is not covering campus news, Elianna can be found arguing legal cases with her mock trial team.q