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April 16, 2025

Lyft scoops up taxi app FreeNow in €175m cash deal to enter Europe

The companies will operate together across 11 countries in the US, Canada and Europe

San Francisco-based ride-hailing platform Lyft announced it had entered an agreement to acquire FreeNow, a Hamburg-based multi-mobility group owned by BMW Group and Mercedes-Benz mobility, for €175m.

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Miriam Partington

Miriam Partington was a senior reporter at Sifted, based in Berlin. She covered the DACH region and the future of work, and wrote Startup Life , a weekly newsletter on what it takes to build a startup.

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