Blablacar: The Uber of Hitch-Hiking is now worth $1 billion

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTkqu7KGwqpvDscHPSRJF2HnOUheRyQLEN3ykUVlplmxtqmBui7kBLioHiVJFwBXP4hDeJQOYmdUdgGGP4yq2clOAd754deFGMkrX1zFk2KBHD15aAmNKWnjOnXtnvIGRNFyRYMW0i29M/s1600/Blablacar-+The+Uber+of+Hitch-Hiking+is+now+worth+%25241+billion.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Blablacar: The Uber of Hitch-Hiking is now worth $1 billion" border="0" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTkqu7KGwqpvDscHPSRJF2HnOUheRyQLEN3ykUVlplmxtqmBui7kBLioHiVJFwBXP4hDeJQOYmdUdgGGP4yq2clOAd754deFGMkrX1zFk2KBHD15aAmNKWnjOnXtnvIGRNFyRYMW0i29M/s640/Blablacar-+The+Uber+of+Hitch-Hiking+is+now+worth+%25241+billion.jpg" title="Blablacar: The Uber of Hitch-Hiking is now worth $1 billion" width="596" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">French technology startup Blablacar is now worth in excess of $1 billion</td></tr> </tbody></table> <div style="text-align: justify;"> FRENCH tech startup Blablacar – which connects people who want to share a car for long-distance trips – has now been valued at $1 billion.</div> <div style="text-align: justify;">  </div> <div style="text-align: justify;"> The technology firm has raised more than $200 million in investment to help its ongoing global expansion.</div> <div style="text-align: justify;"> Blablacar, which is already available in the UK, is planning to expand into Brazil, other Latin American countries and Asia with the help of its latest cash injection.</div> <div style="text-align: justify;"> The $200 million investment values the Paris-based firm at $1 billion, co-founder Nicolas Brusson tweeted earlier today.</div> <div style="text-align: justify;">  </div> <div style="text-align: justify;"> Blablacar works by matching people planning long car journeys. </div> <div style="text-align: justify;"> People looking for a ride can pick and choose their driver based on community feedback, vehicle type, whether or not they allow pets – or the petrol cost of hitching a ride.</div> <div style="text-align: justify;"> And if you are planning a long drive, you can sell your spare seat to someone from the Blablacar community.</div> <div style="text-align: justify;"> The app has had enormous success and is already active in more than 19 countries worldwide.</div> <div style="text-align: justify;"> While car services such as Uber have often clashed with local authorities, Blablacar has so far been met with much less resistance. </div> <div style="text-align: justify;"> This is partly because its drivers don't make profits on the rides.</div>

Blablacar: The Uber of Hitch-Hiking is now worth $1 billion

French technology startup Blablacar is now worth in excess of $1 billion FRENCH tech startup Blablacar – which connects people who want...

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