Lyft Raises $250 Million To Step Up Competition Against Uber

Posted on April 2, 2014

On-demand car service Lyft said April 2 it closed a $250 million Series D round of financing, led by Coatue Management. The funding total is higher than previously reported -- about on par with the amount Uber, its main competitor, raised last summer.

Fast Company article here

Related Topics: business deals, Lyft, mobile applications, mobile technology, shared rides, Uber, vehicle apps

Comments ( 0 )
More Stories

ELDs: Do You Really Need Them?

AUG. LCT: After April 1, 2018, drivers found out of compliance with electronic logging devices could be ordered out of service. Is your service at risk?

How will AI affect the future of business travel?

5 Ways AI Powers Business Travel

While companies are interacting constantly with artificial intelligence every day, the technology now transcends the office space.