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General Motors Invests In Ride Sharing: Is This The Future Of Automakers? Apart from the financial investment, General Motors will also work with Lyft in developing an on demand network of self -driving cars and set up a series of short term car rental hubs where General Motors will become the preferred provider of cars to Lyft drivers. While the world's largest ride hailing service, Uber is valued at $62.5 billion, higher than General Motors' market capitalization of around $50 billion. Ride-sharing, in the view of many, holds great promise. Studies (noted below) ind...
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