Re/code -
20 Aug 2016 02:49
It failed to find another buyer after GM expressed interest in acquiring the company. Lyft will continue its fight for marketshare alone, at least for now. The ride-hailing startup that's become a perennial runner up to global behemoth Uber had recently sought as much as $9 billion in a buyout offer but failed to secure serious interest, sources told Recode. After General Motors, a Lyft investor, expressed the possibility of buying the company, the startup hired investment bank Qatalyst to solic...
Share this Article
Comment on this Article
Please to comment