Ari Levy / CNBC:
Sources: Rakuten, which owns a 13% stake in Lyft, made the investment in 2015 after data from it's consumer purchase tracker Slice showed Lyft was undervalued — - Rakuten invested $300 million in Lyft in 2015, when the ride-hailing company was trying to avoid being crushed by Uber.
from Techmeme https://ift.tt/2Xv4l1f
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