Taxi app Lyft to deepen US footprint with $530M funding

Lyft, a ‘peer-to-peer ridesharing service’, has raised $530 million in funding, led by Rakuten, a Japanese ecommerce group, which it will use to deepen its US footprint. Total venture funds raised by the company stand at over $850 million and …

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Facebook dominates 2014 app download, with LINE making cash

The “app superpowers” of Japan, South Korea and the US collectively generated more revenue in 2014 than the rest of the world combined, highlighting their ability to monetise even as the market saturates and download growth slows, according to App …

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