FRANKFURT: Ride-hailing firm Uber has offered more than €1 billion (RM4.9bil) to buy Daimler and BMW's joint mobility services company Free Now, Manager Magazin said on Wednesday.
While Daimler is ready to sell, BMW’s chief executive Oliver Zipse is wavering about selling up, and is instead open to offering Uber a stake, Manager Magazin added.
According to a Bloomberg report last month, Uber hoped acquiring Free Now would enable it to leverage on the network to expand in Europe and South America.
BMW and Daimler merged their mobility operations last year and created a joint venture called Your Now, which comprises five businesses, including Free Now.
Free Now was previously known as MyTaxi.
