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BlaBlaCar closes financing round to fuel its growth ambitions
BlaBlaCar announces that it has secured a €100 million revolving credit facility that will fuel its growth ambitions and affirm its position as the go-to marketplace for shared travel globally. The company also announces it had reached profitability over the last 24 months. This heralds a new phase of profitable growth for BlaBlaCar, which keeps consolidating its multimodal strategy, reducing the carbon footprint of travel by 2 million tonnes of CO2 in 2023.
BlaBlaCar appoints Dâu-Khôi Nguyen to lead its European operations
BlaBlaCar strengthens its executive team with the appointment of Dâu-Khôi Nguyen as Senior VP Western Europe. With an international background in the technology and mobility industry, Dâu-Khôi joins the Executive Committee with the mission to drive BlaBlaCar's profitable growth across Europe.
BlaBlaCar’s First Impact Report
BlaBlaCar announces the release of its first Declaration of Extra-Financial Performance for 2022, an audited report detailing the company’s main social and environmental contributions.
BlaBlaCar acquires Klaxit to strengthen its short-distance carpooling offer
BlaBlaCar today announced the closing of the acquisition of Klaxit, France's leading short-distance carpooling operator. With the integration of all Klaxit employees and the strengthening of its offer dedicated to local authorities and businesses, this acquisition is a milestone in BlaBlaCar Daily's strategy to bring carpooling to every car commute.
IFC to Invest in BlaBlaCar to Boost Long-Distance Shared Mobility in Brazil
IFC has signed an agreement to invest in BlaBlaCar to support the shared-travel platform’s growth in Brazil and boost access to affordable, convenient, and environmentally-friendly travel. The $15 million investment from IFC, the private sector arm of the World Bank Group, would support the expansion of BlaBlaCar’s carpooling and bus marketplace in Brazil, where the company already has 12 million members.
BlaBlaCar unveils its new Paris HQ and remote working policy
BlaBlaCar is moving into its new offices, in a modern and eco-responsible building built in the heart of Paris. A place for meetings and exchanges that is essential for its teams, at a time when the company is generalising the practice of teleworking.
BlaBlaCar supports Ukrainians and stops investments in Russia
Due to the tragic Russian-Ukrainian war and in coherence with the sanctions imposed by the EU on Russia, BlaBlaCar announced today it would stop its investments in Russia.
BlaBlaCar reaches 100 million members for its 15th anniversary
BlaBlaCar was created in 2006 with the simple idea of turning wasted car capacity into a community-based travel network. After 15 years of building a global shared mobility solution, BlaBlaCar’s community now counts 100 million members around the world. Doubling in size since 2018, the company pursues its major growth in Eastern Europe and LATAM.
BlaBlaCar offers to all its employees the opportunity to become shareholders
• 100% of employees will be equity holders • This new equity policy aims to attract more talent, with plans to recruit 260 people in 2021, and foster the team’s entrepreneurial mindset • $15M worth of shares have already been cashed-out by employees or ex-employees in secondary deals.
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