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Alphabet's Google (GOOGL) New Ride-Sharing Service, Discussed on CNBC

NEW YORK (TheStreet) -- Alphabet's Google (GOOGL) new ride-sharing service that connects random strangers already headed in the same direction launched a pilot program around its California headquarters in May.

The service charges 54 cents per mile at most, which is less than rides from competing ride-sharing companies Uber and Lyft, CNBC's Brian Sullivan reported on "Squawk Box" on Wednesday morning.

"So you look for random groups of people in large cars or vans with...