Ride-Sharing App Lyft Closes In on $150 Million in New Funding

Photo Credit: New funding means Lyft will be expanding to lots of new markets. Pictured, a Lyft vehicle in Santa Barbara, California. Lyft / Lyft
Skift Take
Lyft's competition with Uber is definitely great for the category, and soon they both will have a few hundred million dollars at their disposal for market expansion.