A report from last week revealed that Uber rival Lyft had apparently attempted been courted by the likes of GM in the past, but apparently the deal fell through and never materialized. However according to a report from The New York Times, it seems that Lyft had also tried to sell themselves to a bunch of other companies.
We suppose that would be normal, but if the report is accurate, the companies that Lyft had chosen are rather interesting choices. Apparently this includes the likes of Apple, Google, Amazon, and more interestingly Uber and Didi Chuxing, who actually bought out Uber’s operations in China.
As to how serious these talks were is unclear, but it just sounds like Lyft had approached these companies to see if they might be interested, although the report claims that the most serious talks were the ones held with GM. It’s actually interesting that neither Uber nor Didi Chuxing were eager to snap up Lyft since it would essentially mean one less competitor in the industry.
That being said, The New York Times points out that the company is by no means in any trouble. They are sitting on a cash reserve of $1.4 billion so they should still be able to keep the lights on for some time to come, not to mention sometimes companies sell themselves in order to grow and not necessarily because they are in trouble.