Hey guys,
Lyft - the 'small Uber' - just announced the expansion to Europe.
How do you think about this news? Usually expansion to Europa is a positiv thing for the stock price.
And the best thing is: They pay less than 200 million for FreeNow, and have a Free Cash Flow of over 700 Millionen. Lyft does not need any dept for the takeover.
Lyft is - based on their sales to marketcap - 4 times cheaper than Uber.
What are your thougts?
https://investor.lyft.com/news-and-events/news/news-details/2025/Lyft-Expands-in-Europe-Diversifies-by-Acquiring-FREENOW/default.aspx