German FAZ: Uber-rival Lyft is expanding to Europe009178

The fight for the taxi business in Germany and Europe continues to pick up speed. The American trip broker Lyft buys the Hamburg taxi platform Free Now and is thus entering the European market. The Lyft CEO David Risher and Free Now boss Thomas Zimmermann announced this in an interview with the F.A.Z. to. “Free Now with his taxi coach is a wonderful addition to our business model,” said Risher. According to Lyft, Lyft pays a purchase price of 175 million euros to the previous owners Mercedes Benz and BMW. The takeover is to be completed in the second half of the year.
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