Lyft to buy taxi app FREENOW for $197M to enter Europe

Ride-hailing giant Lyft said it has agreed to acquire FREENOW, a German multi-mobility app with ride-hail at its core, from BMW and Mercedes-Benz Mobility for about $197 million in cash.  The acquisition opens up the European market to Lyft for the first time. The company has only operated in the U.S. and Canada since it […]