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Lyft to buy the Taxi pearnow app for $ 197m to enter Europe

Giant ride-hailing Lyft He said it agreed to acquire freenow, an orange app with ride-salt to his heart, from BMW and Mercedes-mobile for about $ 197 million.

Acquisition open the European market to Lyft for the first time. The company has only operated in the United States and Canada because she stopped in 2012, in comparison to its larger Uber rival, which operates the Globally.

Freurow operities in Nine countries 150 city through Austria, France, Germany, Germany, Germany, Greece ,,, Ireland, Italia, Poland, Spain and the Real Kingdom. The transaction is expected to close in the second half of 2025.

The move will be a few months after the freenow share May his strategic penny on his taxis accommodation in the rise of the XVIE of the x%, and this was small-sempen.

Lyft said the duty almost doubted his actor in addition to 300 billion trips for the year, and increases the gross annoyance by approximately $ 1,14 billion.

“I’m on an ambitious road to constrain the world mobility platform and enter the Europe is a major step in our growth journey.” David David Reserred, in a statement. “We have found the perfect partner and can learn a lot from the team of the priming freenow approach and incarnate our purpose – to connect.”

In a statement this week, BMW and Mercedes-Benz Momas will continue to fire in their electriction heart operations, the ai and decarktion.

The Lyft said there will be no immediate imague in the client experience, but this “at the time, new benefits will be available to freenows and riders.” He said that two companies will focus on integration, its pilots can use either app when I am in North America or Europe.

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