Lyft Inc. agreed to buy the European taxi-hailing app Freenow for about €175 million ($197 million), marking its first global expansion beyond the US and Canada.
Lyft will acquire the app from BMW Group and Mercedes-Benz Mobility in a cash transaction expected to close in the second half of 2025, the companies said Wednesday in a statement. Freenow will continue operating in nine countries and more than 150 cities across Ireland, the UK, Germany, Greece, Spain, Italy, Poland, France and Austria, Lyft said, but added that the two companies will be working on integration so riders can use either ...
