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461 Lyft takes the wheel as FreeNow exits European ownership in €175 million deal

EU-Startups
David Cendon Garcia @ EU-Startups · 04/16/2025 11:21 EDT

Lyft takes the wheel as FreeNow exits European ownership in €175 million deal

Lyft has announced its acquisition of German mobility platform FREENOW for €175 million, marking the U.S. company’s most significant expansion into the European market to date. The deal, confirmed on 16 April 2025, involves purchasing FreeNow from its current owners, BMW and Mercedes-Benz.​ This marks the end of FreeNow’s status as a European-owned platform and ...

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