
Business / Financial Markets Mar 2, 2019
Rakuten's Hiroshi Mikitani set to be big winner in Lyft's impending initial public offering
by Devon Pendleton, Tom Metcalf and Anders Melin
A Japanese retail billionaire, rather than a Silicon Valley wunderkind, is the biggest beneficiary of Lyft Inc.'s impending initial public offering. Hiroshi 'Mickey' Mikitani's e-commerce group Rakuten Inc. owns 13.1 percent of the ride-hailing company, offering documents show. That would be worth more than $2.9 ...