Lyft expands in europe, diversifies by acquiring freenow

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 continue operating as it does today, with its talented leadership team and employees in place to drive growth across 9 cou.
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