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BlaBlaCar

Sector: Automotive • Location: World Region

Source: International Finance Corporation (IFC)

Project
Active

Founded in France in 2006, BlaBlaCar - (BBC or the “company”) is an online marketplace for buses and carpooling. The company does not own any buses or cars and leverages technology - websites and mobile apps - to connect members looking to carpool or travel by bus. BlaBlaCar’s product lines include: (i) carpooling: connects passengers with car owners heading in the same d

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Project Information

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The project “BlaBlaCar” is an infrastructure initiative in the Automotive sector, located in World Region. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Original status

active

Taiyo status

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Description

Description

Founded in France in 2006, BlaBlaCar - https://www.blablacar.com (BBC or the “company”) is an online marketplace for buses and carpooling. The company does not own any buses or cars and leverages technology - websites and mobile apps - to connect members looking to carpool or travel by bus. BlaBlaCar’s product lines include: (i) carpooling: connects passengers with car owners heading in the same direction; (ii) bus marketplace: connects passengers to bus operators; and (iii) operated buses: contracts with fleet owners to operate their buses under the BlaBlaCar brand (only available in Western Europe). As of early 2022, the company has 100 million members and is present in 22 countries, including emerging economies such as Brazil (where there are 10 million members), Mexico, Turkey and India. The IFC’s new investment – a US$ 15 million in convertible notes - will finance the company’s expansion plans in Brazil.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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