In its latest announcement, French popular carpooling platform Blablacar has rolled-out an offer to the French Railway’s SNCF Bus Division subsidiary Ouibus for an acquisition. This will be their second major investment plan of the year. In August 2018, BeepCar, the ride-sharing giant from Russia was also acquired by BlaBlaCar from Mail.ru.
Blablacar also raises €101m funding
The current acquisition value remains undisclosed for Ouibus, but the French startup has also got funding of €101 million through SNCF and other investors of Blablacar which will transform long-distance road travel in France and Europe in days to come by combining the strengths of Blablacar and Ouibus.