June 27, 2018 / 4:58 PM / 19 days ago

Lyft raises $600 mln in funding at $15 bln valuation

June 27 (Reuters) - Lyft Inc said on Wednesday it raised $600 million in a new funding round led by Fidelity Management, valuing the ride-hailing firm at $15.1 billion.

The new round makes Fidelity one of Lyft’s largest investors with over $800 million invested.

Reporting by Munsif Vengattil in Bengaluru

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