blablacar p plus

blablacar p plus

Garykasporov1
Garykasporov1
Mar 19, 2018, 1:41 PM |
1

BlaBlaCar is an online marketplace for carpools. Its website and mobile apps connect drivers and passengers willing to travel together between cities and share the cost of the journey. The company does not own any vehicles; it is a broker which receives a 12% commission from every booking.[3]

The service is available in 21 countries, almost all which are in Europe. The company has chosen not to expand to the United States because "gas is cheaper there, cities are too far from each other and too big to conveniently pick up and drop off people".[1]

The service is named for its rating scale for drivers' preferred level of chattiness in the car: "Bla" for not very chatty, "BlaBla" for someone who likes to talk, and "BlaBlaBla" for those who can’t shut up.[4]

Upon creating an account, members set up an online identity, and after leaving comments on their experiences with other members, develop a reputation.[5]

History[edit]

In December 2003, Frédéric Mazzella wanted to travel from Paris to visit his family in the French countryside for Christmas but he did not own a car and the trains were fully booked.[6][7] After his sister made a 150 kilometer detour to collect him, he noticed that most cars going in his direction did not have any passengers.[4]

In 2006, Mazzella built a prototype website for the concept.[7][4]

In January 2015, the service launched in India.[4][8]

In April 2015, the company acquired Carpooling.com.[9]

In December 2015, the service launched in Brazil.[10]

In May 2017, the company unveiled BlaBlaLines, a product for short distances.[11]

Funding[edit]

In 2009, the company raised €600,000 from the founders and their friends and family.[4]

In 2010, the company raised €1.2 million from a French venture capital fund run by Jean-David Chamboredon.[4]

In December 2011, Accel invested $10 million in the company and the company acquired a ride-sharing service in Italy.[4]

In July 2014, the company raised $100 million in financing from investors including Accel as well as Index Ventures.[3][4]

In September 2015, the company raised another $200 million, primarily from Insight Venture Partners, in a round that valued the company at USD$1.6 billion.[12][13]