Ride-hailing service Lyft has raised $ 7.5bn m, valuing the company at $ 7.5bn , in a round that included Lyft , Uber and Uber . "We have big plans on the horizon, and will continue investing in new technology and hospitality", Lyft said in a statement. Recently Lyft's rival, Uber saw customers boycotting it as a former employee alleged sexual harassment. Losses will be reduced this year and it will make a profit in 2018 , the company said. Rival Uber , which may be valued at 600 , has been the subject of law suits and social media boycotts this year .
Ride-hailing service Lyft has raised $ 7.5bn m, valuing the company at $ 7.5bn , in a round that included Lyft , Uber and Uber . "We have big plans on the horizon, and will continue investing in new technology and hospitality", Lyft said in a statement. Losses will be reduced this year and it will make a profit in 2018 , the company said. Rival Uber , which may be valued at 600 , has been the subject of law suits and social media boycotts this year .