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December 25, 2015 04:09 pm GMT

Lyft Takes In More Foreign Investment Including From A Saudi Prince

Lyft_PressKit_08Lyft is now partly owned by Saudi princeAl-Waleed Bin Talal bin Abdulaziz al Saud. The prince led a recent$247.7 million round for a roughly 5 percent stake in the ridesharing service – putting up $105 million in his own funding as part of the deal for 2.3 percent of the pie. Al-Waleed is a globalinvestor and business magnate some have dubbedthe “Arabian Warren… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/e6HHRjSmsIE/

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