2025-04-16
This is extremely bad news for Britain's hard-pressed taxi and minicab drivers. FreeNow was already brutally exploitative but Lyft is next level. https://www.reuters.com/...
Financial Times
Lyft acquires Hamburg-based taxi app FreeNow from BMW and Mercedes-Benz for €175M and says the combined operations will serve 50M+ riders annually
Tim Bradshaw / Financial Times :
The Mayor and TfL must step in and urgently block the acquisition of FreeNow by Lyft, at least in London, by withholding the license. If not, I fear this will bring an end to a viable black cab trade in London.
Financial Times
Lyft acquires Hamburg-based taxi app FreeNow from BMW and Mercedes-Benz for €175M and says the combined operations will serve 50M+ riders annually
Tim Bradshaw / Financial Times :