Now Reading:

BlaBlaCar receives 'record' new investment


BlaBlaCar receives 'record' new investment


The car-sharing group BlaBlaCar says it’s had $200 million (177 million euros) in new investment – said to be a record for a young French start-up.

The Paris-based company has taken funding from venture capital firms in the US and Sweden.

It reportedly becomes part of a privileged group of private tech start-ups valued at more than a billion dollars.

BlaBlaCar pairs up motorists with passengers wanting to travel and is in the forefront of the sharing economy.

It has been growing 100 percent each year in Europe – with 10 percent of the population in its home country of France said to have signed up.

It has 20 million members and operates in 19 countries.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article