Lyft is now partly owned by Saudi prince Al-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 global investor and business magnate some have dubbed the “Arabian Warren… Read More
Source: TechCrunch
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