---
schema_version: "secwatch.filing_event.v1"
accession: "0001759509-25-000052"
form_type: "8-K"
ticker: "LYFT"
cik: "0001759509"
company_name: "Lyft, Inc."
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T13:31:31.917491+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lyft acquires European mobility app FREENOW for €175M to expand internationally

## Summary
- Lyft to acquire FREENOW from BMW and Mercedes-Benz for €175M (~$197M) in cash; deal expected to close H2 2025.
- FREENOW operates in 9 European countries, over 150 cities; taxis accounted for ~90% of its 2024 Gross Bookings.
- Lyft says acquisition nearly doubles TAM to >300B personal vehicle trips/year and adds ~€1B in annualized Gross Bookings.
- FREENOW will continue with its current leadership; no immediate changes to customer experience.
- This marks Lyft's first major expansion outside North America, supporting multi-year growth targets.

## SEC filing metadata
- accession: 0001759509-25-000052
- form_type: 8-K
- ticker: LYFT
- cik: 0001759509
- company_name: Lyft, Inc.
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759509/000175950925000052/0001759509-25-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759509/000175950925000052/lyft-20250415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001759509-25-000052
- JSON: https://secwatch.observer/filing/0001759509-25-000052.json
- Plain text: https://secwatch.observer/filing/0001759509-25-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.