Home / Market News / Uber may buy ride-hailing app from Daimler and BMW: report

Uber may buy ride-hailing app from Daimler and BMW: report

Uber Technologies is considering buying the ride-hailing app Free Now to boost its presence in Europe and Latin America, Bloomberg News reported, citing people familiar with the matter. Free Now is a venture of Daimler and BMW . The venture’s efforts to attract more investors recently struggled to gain traction amid the coronavirus pandemic, the report said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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