SAN FRANCISCO/DETROIT: Ride services company Lyft Inc is poised to take advantage of a surge of investor interest in the transportation service sector as it closes in on a possible sale of the company or new capital raise, people familiar with the situation said.
Venture capitalists and corporate investors have poured nearly US$28bil (RM111.82bil) into the ride services sector over the past decade, propelling growth at Lyft, China's Didi Chuxing Technology Co and Uber Technologies Inc, according to a Reuters analysis.