Here Are the Big Winners Hitching a Ride on Lyft's IPO

science

science / science 295 Views comments

Here Are the Big Winners Hitching a Ride on Lyft's IPOHiroshi "Mickey" Mikitani’s e-commerce group Rakuten Inc. owns 13.1 percent of the ride-hailing company’s Class A shares, offering documents show. Rakuten, Japan’s largest online retailer, owns an eclectic assortment of side businesses including a professional baseball team and a bus service. It first invested in Lyft in 2015, acquiring an 11.9 percent stake for $300 million.


Comments