percent stake: That would be worth more than 2.9 billion if Lyft goes public with a valuation in the middle of its anticipated range of 20 billion to 25 billion. ; Rakuten, Japan's largest online retailer, owns an eclectic assortment of side businesses including a professional baseball team and a bus service, according to The Japan Times. It first invested in Lyft in 2015, acquiring an 11.9 percent stake for 300 million. Hiroshi Mickey' Mikitani's e-commerce group Rakuten Inc. owns 13.1 percent of the ride-hailing company, offering documents show. We have seen the future and this is it,' Mikitani, now 53, said at the time. The stake held by Lyft's actual wunderkinds, co-founders John Zimmer, 34, a former Lehman Brothers analyst, and Logan Green, 35, is relatively small after multiple dilutive funding rounds. Silicon Valley venture capital firm Andreessen Horowitz, a Lyft investor since 2013, is the second-largest owner with a 6.3 percent holding that would be worth about 1.4 billion.
(news.financializer.com). As
reported in the news.
Tagged under percent stake, bus service topics.