ConnectIn - Global Startups One Platform’s Post

BlaBlaCar announces securing a €100 million revolving credit facility to fuel their growth ambitions. This financing is enabled by the robust performance in 2023: 80 million passengers booked a bus or carpool ride on BlaBlaCar in 2023. Up 23% YoY. €253 million in revenue. Up 29% YoY. For the first time, they also achieved profitability for 24 months and closed the 2023 exercise with positive EBITDA. This heralds a new phase of profitable growth for BlaBlaCar. Aiming to keep consolidating a multimodal strategy, reducing the carbon footprint of travel by 2 million tonnes of CO2 in 2023. Read more in press release. https://lnkd.in/ePxmHp-C Frédéric Mazzella Francis Nappez Nicolas Brusson #innovation #founder #techonology #startups #connectin #global #management #investing #entrepreneurship

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