Lyft Funding Round 500 Million Investment Compete Uber. Menu icon a vertical stack of three evenly spaced horizontal lines. As part of that effort, general motors is.
Menu icon a vertical stack of three evenly spaced horizontal lines. Gm said monday it is investing $500 million in uber's main competitor. Lyft's fundraising efforts have been ongoing for months, and the company retained qatalyst partners in part to assist them in raising a fresh round of cash, according to other sources with knowledge of the matter.
The Money Makes Up Half Of A $1 Billion Funding Round That Leaves Lyft Valued At $5.5 Billion.
Gm said monday it is investing $500 million in uber's main competitor. Uber competitor lyft is pitching investors on a new funding round and hopes to net at least $500 million, according to a source familiar with the matter. Lyft has raised $500 million in additional funding, valuing the uber competitor between $6.9 billion and $7.5 billion according to several media reports.
What A Way To Begin The New Year.
G eneral motors is investing $500 million in uber competitor lyft, the automaker announced monday. Lyft is out pitching to investors while competitor uber surrounds itself in controversy. And other investors has increased lyft's.
Lyft Reportedly Raising Hundreds Of Millions To Compete With Uber's Massive Cash Pile.
The influx of cash could help lyft in. Four people briefed on the round said, as uber, its larger rival, also ramps up conversations with. The recent venture from g.m.
As Part Of That Effort, General Motors Is.
Raising a $500 million round of funding that would value. The wall street journal first reported that they are chatting about a $500 million round. Menu icon a vertical stack of three evenly spaced horizontal lines.
Uber Competitor Lyft Is Pitching Investors On A New Funding Round And Hopes To Net At Least $500 Million, According To A Source Familiar With.
Lyft said to seek $500 million in funding. The money, which lyft was rumored to be. Existing investors rakuten (rkunf) and janus capital (jns) returned to participate in the round that closed at $600 million in new capital with a.