Lyft Acquires FREENOW From BMW Group and Mercedes-Benz Mobility
July 31, 2025
Lyft has completed (per Lyft’s update) its acquisition of FREENOW, a leading European multi-mobility app centered on taxis. The deal was previously announced as a definitive agreement for about €175 million (about $197 million) in cash, with FREENOW continuing to operate with its leadership team across multiple European countries.
- Buyers
- Lyft, Inc.
- Targets
- FREENOW
- Sellers
- BMW Group, Mercedes-Benz Mobility
- Industry
- Transportation
- Location
- Germany
- Transaction Type
- Buyout
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