Amazon expressed its voracious appetite for new corners of commerce last week with its agreement to spend nearly $14 billion to acquire high-end grocery chain Whole Foods .
Now, how will it get all of that chia pudding and college-educated beef to consumers?
Perhaps another company that could fit well in Amazon’s cart is ride-hailing company Lyft, rival to the scandal-ridden Uber, which as of today (June 21) has officially parted ways with CEO and co-founder Travis Kalanick.
Uber dwarfs Lyft in value. The latter was valued in April at $7.5 billion, compared with Uber’s nearly $70 billion. But Uber also eclipses Lyft in conflicts, leaving Lyft to look like the more moral choice among ride-hailing companies (though as my colleague Alison Griswold recently noted, that’s a very low bar ).
While Uber flails , Lyft has had a busy few months, forging a partnership with Waymo , (paywall) the self-driving-cars spinoff from Google parent Alphabet, and raising more money. Last year, General Motors invested $500 million in Lyft , with the aim of developing self-driving cars. GM paid $1 billion to buy self-driving startup Cruise Automation later that year .
But while transporting goods, not people, has been Amazon’s focus, Lyft’s network […]