Lyft (NASDAQ: LYFT) 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.
*Stock prices used were end-of-day prices of April 16, 2025. The video was published on April 17, 2025.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Lyft, Mobileye Global, and Uber Technologies. The Motley Fool has positions in and recommends Alphabet and Uber Technologies. The Motley Fool recommends Mobileye Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
