A Lyft Glowstache is seen during a photo opportunity in San Francisco, California February 3, 2016. REUTERS/Stephen Lam
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.
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