Lyft is making its boldest international move yet by acquiring European taxi-hailing platform FreeNow from German automotive giants BMW and Mercedes-Benz for approximately €175 million ($197.4 million) in cash. The deal marks Lyft’s first expansion…
BMW and Mercedes-Benz are allegedly looking to part ways with FreeNow, their once-promising ride-hailing venture that aimed to take on Uber in Europe. According to Bloomberg, the two automakers are exploring a potential sale, with…
What was initially a rumor became certainty today. BMW and Daimler confirmed the ParkNow app they have developed and jointly owned will be sold to the EasyPark Group. The announcement came through the wire after…
There’s been a lot of speculation lately about what will become of the joint ventures set up by BMW, in collaboration with Daimler, in a couple of key segments related to mobility. Most recently it…
Little by little, BMW and Daimler are taking apart their business together. The two German giants joined forces a few years back, creating a conglomerate of businesses aiming at making travel in busy cities a…
BMW and its main rival from Germany, Daimler, decided to join forces a while back and develop some alternatives to more traditional ways of getting around town. Along with three other companies, the two giants…
As you probably might’ve heard, BMW and Daimler went into business together last year. The two German arch-rivals joined forces to try and find way to offer customers mobility services without the cost of ownership….
Earlier this year BMW and Daimler announced a joint effort in the field of smart urban mobility under the name of FreeNow. This new app allows users to call a car and get to their…
The collaboration between BMW and Daimler is getting new dimensions as the two German premium car manufacturers expand their business ventures explored together. The two giants announced a while back that they want to create…
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