GM Archive

GM expressed interest in buying Lyft, but Lyft declined

Close partners GM and Lyft were apparently nearly even closer: The Information reports and TechCrunch has separately confirmed that the carmaker expressed its interest in purchasing Lyft, going so far as to specify a price it would’ve been wiling to pay. Lyft apparently explored what other strategic partners might be offering before deciding to say no to GM and opt instead to raise new funding. Lyft …