BlaBlaCar Secures €100M Credit Line, Reaches Profitability and Expands Services

The carpooling giant plans to use the new funding for acquisitions and to enhance its multimodal transport offerings, including the addition of trains.

• 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.

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