Lyft Gets $500 Million in New Funding as Its Rival Uber Wobbles

For years, Lyft has trailed its larger rival Uber in the battle to conquer the ride-hailing market. More recently, Lyft has gotten a boost.

The smaller ride-hailing company has secured up to $500 million in a new round of funding that values Lyft at $6.9 billion before the addition of new capital…”

www.nytimes.com/2017/04/06/technology/lyft-gets-500-million-in-new-funding-as-its-rival-uber-wobbles.html?partner=IFTTT&_r=0

By | 2017-04-12T16:40:12+00:00 April 12th, 2017|Resources|0 Comments