Lyft increases latest appropriation turn by $500M to $1.5B

Lyft only announced that it has combined an additional $500 million to a many new appropriation round, a $1 billion lift announced in October. The now-$1.5 billion turn includes appearance from Fidelity Management Research Company as good as a Ontario Teachers’ Pension Fund.

Lyft’s post-money gratefulness as of this appendage lift is now $11.5 billion, with a stretched turn still led by Alphabet’s CapitalG.

2017 has been a ensign year for Lyft in terms of performance, with enlargement to good over 100 new markets, including Canada someday this month. It has also some-more than doubled a sum miles driven for rides this year, with a month nonetheless to go before 2018.

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Posted by on Dec 5 2017. Filed under NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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