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Google parent company makes billion dollar investment in Lyft

INDIANAPOLIS (WISH) – Lyft, the ride hailing app, just snagged another billion dollar investment.

This is from Google’s parent company, Alphabet.

While Lyft and Uber aren’t yet profitable, they are attracting billions in investments as companies bet the future is in ride apps and self driving cars.

For more on this and other stories making headlines in the business world, click on the video.