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Lyft Raises $600M in Funding; Valuation at $7.5 Billion

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Lyft, a San Francisco, California-based ride hailing company, raised $600M in funding. Backers included existing partners Rakuten and Janus Capital and new investors AllianceBernstein, Baillie Gifford, KKR, and Canada’s Public Sector Pension Investment Board (PSP). The post-money valuation of the company is $7.5 billion. The company will use the funds to continue investing in new […]

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