Entrepreneurship & Startups Saudi Prince Alwaleed Bin Talal’s Kingdom Holding Buys 2.3% of Lyft for $247.7M, Boosting Lyft’s Valuation to $4.92B  

Saudi Prince Alwaleed Bin Talal’s Kingdom Holding Buys 2.3% of Lyft for $247.7M, Boosting Lyft’s Valuation to $4.92B  
 
Ride sharing service Lyft who is the main competitor to Uber in the US is getting a boost from Saudi Arabia billionaire prince Alwaleed Bin Talal. The prince ​announced Thursday that his Kingdom Holding Co. ​is paying $104.9 million ​for 2.3 percent...



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