Lyft

Lyft Receives Rare VC Investment From Loeb's Third Point

Will Lyft be the next mega internet-based success story?


$250 million raised from well-known investors, with previous valuations at $700 million
The ride-sharing company said on Wednesday it had raised $250 million from a group that includes Alibaba Group, a Chinese e-commerce firm, but perhaps most notably the firm garnered an investment from Dan Loeb’s Third Point.

Loeb’s Third Point seldom invests in early stage . . .

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