Lyft (LYFT) Expands in Europe, Diversifies by Acquiring FREENOW
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Lyft Expands in Europe, Diversifies by Acquiring FREENOW
April 16, 2025 7:30 AM EDTLyft poised for growth in an attractive market, with FREENOWs premier taxi-first business and local expertise
Together, will operate in 11 countries across Europe, the United States, and Canada
SAN FRANCISCO & HAMBURG, Germany--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT), a leading ride hailing marketplace, today announced it has entered into a definitive agreement to acquire FREENOW, a leading European multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for approximately 175 million or $197 million* in cash. FREENOW will... More
