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Lyft wants to sell itself but nobody is interested in buying it

By Louie Baur1 min readGoogle News
Lyft Faces Rejection as Big Tech and Auto Giants Decline Acquisition

Lyft has always been a distant second to Uber in the ride-sharing market, and always will be, but considering how Uber is a $68 billion behemoth, that’s nothing to be ashamed of. Being a distant second hasn’t stopped the company from raising $2 billion in funding from the like of General Motors and Saudi Prince Al-Waleed, so there’s no reason to have any doubts about the company’s future… or is there? According to a report from The Seattle Times on Friday, Lyft has approached numerous companies in recent months to discuss a potential buyout. Amazon, Apple, General Motors, Google, and even Uber were among the companies that were approached, but all of them rejected Lyft.

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