The travel agent Lyft will also be available in Europe in the future – the US company has bought Freenow. ((Freenow,, car))) Go to source
Tag: Lyft
Lyft to buy taxi app Free Now for $200 million to expand into Europe
Lyft logo is seen in this illustration taken June 27, 2022. Dado Ruvic | Reuters U.S. ride-hailing firm Lyft on Wednesday announced that it’s buying European taxi app Free Now in a 175 million euro ($199 million) deal. The company said that the acquisition — Lyft’s first in Europe — is expected to close in… Continue reading Lyft to buy taxi app Free Now for $200 million to expand into Europe
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… Continue reading German FAZ: Uber-rival Lyft is expanding to Europe009178
German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
The car manufacturers Mercedes Benz and BMW Sell your taxi app to the US driving agent Lyft. The purchase price was around 175 million euros in cash, Freenow announced on Wednesday. The completion of the transaction, provided the authorities are approved, is expected for the second half of 2025. In 2019, BMW and Mercedes founded… Continue reading German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
Lyft Acquires Freenow
Lyft, Inc. (Nasdaq: LYFT), a San Francisco, CA-based ride hailing marketplace, acquired Freenow, a Hamburg, Germany-based multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for approximately €175M. The acquisition is aligned with Lyft’s capital allocation strategy of investing in new growth opportunities. The transaction is expected to close… Continue reading Lyft Acquires Freenow
Lyft gets a toehold in Europe with FreeNow acquisition
FreeNow, which aggregates taxis and private car services, is being bought by Lyft for about $198 million. FreeNow, which aggregates taxis and private car services, is being bought by Lyft for about $198 million. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has… Continue reading Lyft gets a toehold in Europe with FreeNow acquisition
Lyft to buy taxi app FREENOW for $197M to enter Europe
Ride-hailing giant Lyft said it has agreed to acquire FREENOW, a German multi-mobility app with ride-hail at its core, from BMW and Mercedes-Benz Mobility for about $197 million in cash. The acquisition opens up the European market to Lyft for the first time. The company has only operated in the U.S. and Canada since it… Continue reading Lyft to buy taxi app FREENOW for $197M to enter Europe
German Handelsblatt: Driving service provider: BMW and Mercedes Sell Taxi-App Freenow to Lyft010864
The purchase of Freenow is Lyft’s largest outside of Europe. The US driving agent promises a significant increase in annual gross book bookings. Go to source
Lyft buys European taxi app FreeNow in €175mn deal
For individuals Discover all the plans currently available in your country For multiple readers Digital access for organisations. Includes exclusive features and content. Go to Source
Lime’s scooter and ebike batteries will be recycled by Redwood Materials
Shared micromobility company Lime has reached an agreement to send batteries used in its scooters and e-bikes to Redwood Materials, which will extract and recycle critical minerals such as lithium, cobalt, nickel, and copper. The agreement announced Monday makes Redwood Materials the exclusive battery recycling partner for Lime’s shared scooters and e-bikes located in cities… Continue reading Lime’s scooter and ebike batteries will be recycled by Redwood Materials