The ride sharing company has now raised more than $860m after Rakuten led a round that valued it at $2.5bn.
US-based ride sharing service Lyft raised $530m yesterday at a $2.5bn valuation from investors including internet services company Rakuten, which paid $300m for an 11.9% stake.
Lyft operates an online cab hailing service similar to Uber’s, and although it has been outpaced by its US-based rival, it has aimed to position itself as a more fun and caring alternative, employing a pink moustache as its symbol.
The series E round took Lyft’s overall funding to more than $860m since it…
