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Posted on: June 27, 2018, 7:31 p.m.
The ride-hailing company now has a valuation of $15.1 billion. : Lyft just got a new infusion of funding that could give it more power to compete against its rival Uber. The ride-hailing company said Wednesday that it's now $600 million richer because of a financing round led by Fidelity Investments. Meanwhile, Lyft's valuation stands at $15.1 billion, compared with $7.5 billion in April 2017. "As Lyft grows, we will double down on our values, and invest in the vision ... Full investment news articleRelevent to this post: Fidelity Investments Michigan State University Office of Investments,