Lyft to Expand into European Market with $200 Million FreeNow Acquisition

U.S. ride-hailing firm Lyft on Wednesday announced that it’s buying European taxi app FreeNow in a 175 million euro ($199 million) deal.

The company said that the acquisition — Lyft’s first in Europe — is expected to close in the second half of 2025, and that, once combined, the two companies will serve over 50 million combined annual users.

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