Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

BlaBlaCar acquires Russia’s BeepCar: 5 interesting things to know about French carpooling platform

Editorial team by Editorial team
August 8, 2018
in News, Lifestyle, Travel & Mobility
0
BlaBlaCar acquires Russia’s BeepCar: 5 interesting things to know about French carpooling platform
8
SHARES
LinkedInTwitterWhatsAppFacebook

When it comes to transportation, people these days prefer ride-sharing services to owning or leasing vehicles. The prime reason being reduced cost and responsibilities of owning a vehicle. Eventually, these alternative transportation methods have been gaining momentum recently and have become highly common across the world.

At this point of time, when ride-sharing is popular, BlaBlaCar, which is France-based online marketplace for carpooling has made its second acquisition this year. BeepCar, the ride-sharing giant from Russia announced that it has been acquired by BlaBlaCar from Mail.ru. BeepCar was launched last year by Mail.ru.

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

After the acquisition, it is said that BlaBlaCar will take complete ownership of BeepCar. But the company stated that it has partnered with various Mail.ru platforms such as search engines, ecommerce portals, social networking sites and instant messaging to promote the carpooling services. While the amount involved in the acquisition remains unknown as yet, it looks like Mail.ru will be paid for the online advertising.

Amid the acquisition, we at Silicon Canals have come up with 5 things you should know about BlaBlaCar, the carpooling platform on an expansion spree.

#1 A heavily funded French startup

Founded in 2006, BlaBlaCar is one of the heavily funded startups having received around €304 million in several funding rounds. The company received the highest single funding of €200 million in 2015. Reportedly, BlaBlaCar is touted to be a market leader in Russia, where it started its operations in 2014. With the latest acquisition, it looks like the position will be strengthened further as BeepCar is said to have bagged over 5 million app downloads in Q2 this year.

#2 Community-centric enterprise

BlaBlaCar is a community-centric enterprise. The carpooling platform does not let drivers make profit from the service. This serves dual purposes – excludes greedy drivers and avoids additional insurance costs of vehicles. The platform estimates the distance of each journey and provides a fair price for the driver to demand from each passenger. There is a maximum price above which the commuters cannot be charged.

#3 Exists in 21 countries

As of this year, BlaBlaCar operates in 21 countries. Most countries are in Europe including Spain, Portugal, Italy, Belgium, France, Luxembourg, Poland, Holland, the United Kingdom, Germany, Hungary, Russia, Ukraine, Croatia, Serbia, Romania, and Slovakia. When it comes outside of Europe, BlaBlaCar has established its footprint in markets such as India, Turkey, Brazil and Mexico. The international presence has been made possible through acquiring ride-hailing companies in the respective markets.

#4 Aimed at long-distance ride-sharing

BlaBlaCar is touted to be a leading long-distance carpooling service. It offers a convenient and reliable long-distance mobility solution. The platform lets users benefit long-distance carpooling by connecting car drivers with empty seats with commuters looking for a ride with over 300 kms average distances.

#5 BlaBlaLines carpooling app

The long-distance carpooling platform BlaBlaCar came up with a new app called BlaBlaLines that lets commuters share trips of shorter distances. With BlaBlaLines, commuters no longer have to depend on the calendar constraints of a neighbour or colleague. The app automatically matches the driver and passengers so that the latter don’t face the hassle of contacting several drivers.

For more updates in the tech startup world, stay tuned to Silicon Canals. 

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Hiring during COVID Intrinsic Search
Hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives Show Less
Read more
Tags: acquisitionblablacarstartupstravel
Share1Tweet2SendShare3

Partner content | Work with us

Future of coding: CTOs discuss low-code versus custom code software development for their business

Why now is the perfect time to start hiring for 2021

SaaS sales in 2021: 9 predictions from an industry expert

Diversity in hiring for SaaS: the often overlooked topic of ageism

Boost your scale-up’s growth by outsourcing to these top Eastern European software development companies

Subscribe to our daily newsletter

Check your inbox or spam folder to confirm your subscription.

Breaking news from Amsterdam | Partner

Meet the 10 Dutch scaleups selected by Amsterdam-based Techleap.nl for Rise Programme 2021

Amsterdam-based 3D Hubs acquired by Protolabs for €272.1M; here’s what you need to know

Amsterdam-based INKEF Capital leads €5M Series A funding round of this Dutch startup

4 experts predict what 2021 might hold for the startup ecosystem of Amsterdam

Advertisement

Trending

3D Hubs
Amsterdam

Amsterdam-based 3D Hubs acquired by Protolabs for €272.1M; here’s what you need to know

January 19, 2021
Amsterdam
Amsterdam

9 promising sustainable startups from Amsterdam to watch in 2021

January 20, 2021
BUX
News

The crypto platform of Amsterdam fintech BUX witnesses “explosive growth” as Bitcoin remains popular

January 22, 2021
  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info