BREAKING
Just nowWelcome to TOKENBURN — Your source for AI news///Just nowWelcome to TOKENBURN — Your source for AI news///
BACK TO NEWS
Strategy

‘This is very transformative for the business’: Lyft’s head of growth on taking a big step into London’s black cab sector

Lyft's third acquisition in 12 months—Gett's UK black cab business following $197M Freenow and TBR Global buys—signals aggressive M&A strategy to expand from North America into European ride-sharing dominance.

Friday, April 24, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline

Lyft has acquired Gett's UK business, establishing itself as the dominant app for London's iconic black cab trade. This represents the company's third major acquisition in under a year—following its $197 million purchase of Freenow (July 2025) and TBR Global Chauffeuring (October 2025)—marking a strategic pivot from its North American focus to comprehensive European expansion.

Tags
strategy