Lyft completes €175 million acquisition of European taxi app Freenow
US ride-hailing giant Lyft has completed its acquisition of European taxi app Freenow for approximately €175 million, marking the company’s major expansion into the European market. The deal, first announced in April, sees Lyft acquire Freenow from German carmakers BMW and Mercedes-Benz. Lyft, which has 23.7 million active riders and ranks second to Uber in … Read more