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Lyft's fundamentals remain strong with U.S. ride pricing recovering and Q1 2025 DAUs growing 5% YoY, suggesting stable revenue outlook. The $200 million Freenow acquisition doubles Lyft's addressable market in Europe, adding €1 billion in annual bookings, but buybacks might have been more accretive. I project Lyft to generate $1.5 billion in free cash flow by 2027, making its current valuation of 3x 2027 FCF highly attractive.

Lyft stock is undervalued, trading at less than 1X P/S and around 8X P/E, despite over 20% YoY revenue growth and recent profitability. Ride-sharing isn't a winner-takes-all business; Lyft's focused, customer-centric strategy and market dynamics ensure its survival against Uber. Robotaxis will complement, not disrupt, ride-sharing; partnerships like Lyft with Mobileye highlight synergies and operational necessities.

0:00 intro 0:22 Lyft CEO 07:40 Hyundai Motor Americas COO 14:24 Kia America COO 20:59 Stew Leonard 28:23 Boston Fed President Susan Collins 37:25 Senator Elizabeth Warren (D-MA) Lyft CEO David Risher joins Catalysts host Madison Mills to discuss why now is the right time to take the company global. Risher also talks about plans for growth and why Lyft (LYFT) is making its biggest international move yet with its purchase of European taxi app FREENOW in a $200 million deal that opens the company to over 150 cities across nine countries.

Lyft (LYFT 2.81%) is acquiring a taxi app in Europe. This may seem like an odd addition to the business, but Travis Hoium explains why it's a perfect strategic fit in this video.

Lyft is positioning itself for a larger role in the global rideshare market, even as analysts remain divided on its near-term outlook amid rising competition and macroeconomic uncertainty. A new strategic acquisition, coupled with growing ridership and improving margins, underscores the company's ambition to rebound from a turbulent few years.

Lyft CEO David Risher details their expansion into Europe, announcing a nearly $200M deal to purchase FreeNow. He joins Ed Ludlow on "Bloomberg Technology" to discuss.

Catalysts host Madison Mills takes a look at some of the top stories of April 16, 2025. Lyft CEO David Risher joins the show to discuss the company going international.

Lyft is expanding into Europe with its $197 million purchase of taxi app FreeNow. The deal, announced Wednesday (April 16), will see Lyft acquire the Germany-based company from BMW and Mercedes-Benz Mobility.

Lyft (LYFT) is making its biggest international move yet with its purchase of European taxi app FREENOW in a $200 million deal that opens the company to over 150 cities across nine countries. Lyft CEO David Risher joins Catalysts host Madison Mills to explain why now is the right time to take the company global.

Lyft Inc (NASDAQ:LYFT) on Wednesday announced it is acquiring the European multi-mobility app FREENOW from BMW Group and Mercedes-Benz Mobility for €175 million (US$197) million in cash. The acquisition marks Lyft's largest move beyond North America, expanding its presence to nine European countries and more than 150 cities.