Financial firm Fidelity led the latest round raised by the rise-hailing company Lyft at a $15bn valuation
US-based ride hailing service Lyft – which counts as previous backers a host of corporates including automotive manufacturer General Motors (GM), diversified internet company Alphabet, e-commerce companies Alibaba and Rakuten as well as auto parts manufacturer Magna International – closed a $600m round. The transaction reportedly valued Lyft at $15.1bn post-money. The valuation is a sizeable jump from a reported $11.7bn valuation at which Magna International invested $200m earlier this year.
Founded in 2012, Lyft operates a cab hailing…
