News tagged with smartphone apps

Lyft secures $530 mn to take on Uber

Lyft has upped the stakes in its ambitious drive to take on Uber, saying Thursday it raised $530 million in a funding round led by Japanese ecommerce giant Rakuten to fuel expansion in the US and abroad.

Mar 12, 2015
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US city of Portland sues Uber

The US city of Portland, Oregon, has sued ride-sharing startup Uber, saying it was operating illegally, officials said Monday.

Dec 09, 2014
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Uber now valued at $40 bn

Popular but controversial US ride-sharing startup Uber is now valued at $40 billion, it said Thursday, twice what it was worth six months ago, after raising a fresh $1.2 billion in funding.

Dec 04, 2014
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