Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Ride-hailing service Lyft is seeking $500 million in funding, which would value the company between $6 billion and $7 billion, Reuters reports. By comparison, its biggest competitor Uber is valued at about $70 billion.

Source: eMarketer.com

Date: Feb 23, 2017

Link: https://www.emarketer.com/Article/What-Lyfts-Funding-Ubers-Struggles-Mean-Sharing-Economy/1015361?ecid=NL1001

Questions for Discussions:

  • What does the report suggest about the growth prospects for this industry?
  • Would you be an investor?

Leave a Reply

Your email address will not be published.