Scalper1 News
Ride-booking company Lyft is set to raise another $1 billion to boost growth in the U.S. and abroad, as it battles better-financed rival Uber. Privately held Lyft and Uber, which the private market says is worth $62.5 billion, have built apps that let customers order private car rides digitally. Instead of owning fleets of vehicles, both firms use contractors as drivers, and they supply their own car. Preferred Lyft stock will rise 27% to 26.79 Scalper1 News
Scalper1 News