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.
BlaBlaCar announces a $115M funding to boost its growth ambitions
BlaBlaCar announced today that it has raised $115M (€97M) to support its growth strategy, as it plans to expand its lead. BlaBlaCar showed strong resilience throughout the Covid-19 crisis, offering a travel solution better suited to the constraints of the crisis and benefitting from a more agile, fast-adjusting travel network. BlaBlaCar gained market-share across its markets, and is well positioned to respond to evolving travellers’ needs in the post-crisis new norm. The platform also announces the acquisition of Ukrainian company Octobus as part of its plan to foster the digitalisation of bus operators outside of Europe.
BlaBlaCar withstands the crisis with 50 million passengers in 2020
As 2020 ends, BlaBlaCar looks back positively on a year marked by the COVID-19 crisis. Despite the drop in activity in Spring, 50 million passengers travelled by carpool or bus with BlaBlaCar around the world, demonstrating the resilience of its community-based travel network.
BlaBlaCar launches BlaBlaHelp
The BlaBlaCar community app to support each other with grocery shopping during COVID-19
Commuter carpooling : BlaBlaLines reaches 1 million members
Launched across France in Spring 2018, the commuter carpooling app BlaBlaLines created by BlaBlaCar reaches 1 million members. In the context of heavy disruptions in public transportation and in the wake of the adoption of France’s new mobility law, this symbolic figure reveals the growing need for and integration of carpooling services in the daily lives of French people.
For partnership offers, please contact Valentin at [email protected].