Published February 12, 2015 5:03pm EST | Updated May 21, 2015 1:29pm EDT

Lyft Looks To Raise $500 Million, NY Post Reports

Ride-hailing company Lyft is looking to raise $500 million, according to a report from the NY Post. A competitor of Uber, Lyft is currently valued at $2 billion, compared with Uber's $40 billion. Uber also operates in more cities, at 262 internationally, while Lyft is in about 60, the Post reported.