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12 April 2017

Lyft's series G goes up to $600m

Existing backer Rakuten has returned for a round that included a raft of investment firms, fueling speculation the ride hailing company is looking to go public relatively soon.

Author: Robert Lavine, News Editor

US-based ride hailing platform Lyft has closed a $600m series G round featuring e-commerce firm Rakuten that valued it at $7.5bn, Bloomberg reported yesterday.