BlaBlaCar raises €100M for acquisitions and growth, targets multimodal transport expansion.

BlaBlaCar, the Paris-based online car-pooling service, has raised €100M ($108M) in credit to buy other companies and grow before going public. The firm reached its first full year of profitability in 2023 after a pandemic-affected year. It plans to use the new funding to expand its multimodal transport network, which currently includes local buses, with trains set to join.