maxresdefault 718x482 1 - BlaBlaCar Reported That It Revenue Grew By 72% In 2019
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BlaBlaCar Reported That It Revenue Grew By 72% In 2019

This French startup called BlaBlaCar has just released their 2019 earnings and from what they reported, their revenue grew by a massive 71 percent in 2019 compared to 2018.

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The main reason for their massive boost was said to be the fact that they diversified into not just offering bus rides but also bus ticketing. (Now that being smart business-wise)

What BlaBlaCar does is that if you’re ever going on a very long-distance journey like say from one city to another, they help you find a car going that same location but with empty seats so you could book a ride.

You could also register as a driver so whenever you plan on traveling cross-country, you don’t have to do it alone and you don’t have to pay for gas and other highway tolls all by yourself.

The company acquiring Ouibus back in 2018 and turned it to BlaBlaBus for road travels. BlaBlaBus has managed to operate in over 400 cities in Europe while BlaBlaLines has garnerd over 1.5 million users.

The entire company as a whole has a total of about 87 million users with 17 million of them signing up in 2019.

So get this, in France alone the company’s carpooling service managed to reach a record 135,000 passengers in one day.

The company has said that they plan on increasing their engineering team very soon and expanding into much more cities.

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Emmanuel
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