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US ride hailing firm Lyft seeking funds: sources
It is talking with investors about new fundraising that would put the company's value at around US$6 billion
Add BT as a preferred sourcePublished Thu, Mar 2, 2017 · 09:50 PM
New York
LYFT, the second-largest ride hailing company in the US, is trying to raise more money just as Uber, its bigger rival, grapples with questions about its culture and leadership.
Lyft is talking with investors about new fundraising that would put the company's value around US$6 billion, according to three people briefed on the financing who asked to remain anonymous because the proceedings are confidential. One person said that the valuation could be as high as US$7 billion.
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