GM Volt Forum banner

gm investment

  1. Lyft IPO earns GM $1B bonus on investment

    General Motors and General Automotive Topics
    GM owns 18.6 million Class A shares of Lyft Inc., making it one of the largest investors in the ride-hailing company. GM invested $500 million in Lyft in January 2016. General Motors (GM) and mutual fund giant Fidelity both have a nearly 8% stake in Lyft. Those stakes are each worth a little...
  2. Lfyt IPO Doubles GM's Investment

    General Motors and General Automotive Topics
    Actually more than double. The $500 million invested back in 2016 is expected to be worth $1.16 to $1.27 billion after the IPO and may rise from there. https://www.reuters.com/article/us-gm-lyft/gm-considers-options-for-its-lyft-stake-following-ipo-idUSKCN1QZ28S
Top