French mobility-tech company BlaBlaCar has received a significant boost with a 43% increase in share value by Swedish VC firm VNV Global. BlaBlaCar, based in Paris, has secured a $108 million debt line and a €100 million credit line to fuel its growth and acquisition plans before a potential public offering.
French carpooling app BlaBlaCar secures $108 million to "buy other firms and grow larger" after turning first profit. https://t.co/rMq41rIIK5
BlaBlaCar secures €100M credit facility for growth ambitions https://t.co/Vb0ffDlwT0 https://t.co/5f2jgcp0oK
BlaBlaCar, the Paris-based online car-pooling service, has raised a €100 million credit line so it can buy other firms and grow larger before going public https://t.co/ibSuJz5XT3
After reaching profitability, carpooling platform BlaBlaCar secures $108 million debt line: https://t.co/BLHxQ191hk by TechCrunch #infosec #cybersecurity #technology #news
After reaching profitability, carpooling platform BlaBlaCar secures $108 million debt line https://t.co/eM7STYTFkj
Are ridehailing startups really dead? Swedish VC firm @vnvglobal has marked up its shares in French mobility-tech company @BlaBlaCarEng by 43% year-over-year, a rare endorsement of the growth potential for a ridehailing company. https://t.co/ID8O9xoeDT https://t.co/vVIEQDlI5r