Smartphone-summoned ride service Lyft has raised US$600 million in a funding round that values the Uber competitor at US$15.1 billion. Photo: TNS

Ride-hailing firm Lyft’s value jumps to US$15.1 billion in new funding round

Lyft, which became known for the large pink furry moustaches drivers attached to the front of their cars, has seen its valuation and business grow in the aftermath of scandals that vexed ride-hailing market rival Uber

Topic |   Start-ups

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Smartphone-summoned ride service Lyft has raised US$600 million in a funding round that values the Uber competitor at US$15.1 billion. Photo: TNS
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