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Stock Market & Financial Investment News

News Breaks
February 14, 2013
17:28 EDTIEPIcahn reports decreased stake in Icahn Enterprises
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May 15, 2015
10:03 EDTIEPLyft raises added $150M, led by $100M from Icahn Enterprises
Lyft, a ridesharing start-up, announced that it has raised an additional $150M, led by an investment of $100M from Icahn Enterprises, the diversified holding company controlled by Carl Icahn. As part of the investment, one of Icahn's managing directors, Jonathan Christodoro, will join Lyft's board. Icahn said: "We are very happy to be investing in Lyft. I believe that ridesharing is poised to become a fundamental component of our transportation infrastructure. The Company's revenue growth to date has been extremely compelling, and increasing urbanization over the next 5 to 10 years should enable the Company to maintain that trajectory."

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