U.S. ride share company Lyft has raised US$1 billion in a new round of financing from General Motors, Saudi business magnate Alwaleed bin Talal's Kingdom Holding C., Janus Capital Management, Japan's Rakuten, Inc., as well as Alibaba Group Holdings Ltd. and Didi Kuaidi, according to an announcement. The round values Lyft at US$5.5 billion, including […]

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