Overview

• BlaBlaCar has raised a €100 million credit line after reaching profitability for the first time in over 24 months, demonstrating its financial stability and growth.
• The company recorded an 80 million passenger booking in 2023, a 23% increase from 2022, with revenue hitting €253 million, marking a 29% annual growth.
• Emerging markets like India and Brazil have shown triple-digit growth rates, with Brazil becoming the leading country for BlaBlaCar's carpooling activity.
• Plans to include train tickets in its platform aim to offer almost door-to-door journeys by combining carpooling with train travel.
• The funding will also be used for acquisitions, particularly targeting smaller online travel marketplaces and agencies in fast-growing markets.