After reaching profitability, carpooling platform BlaBlaCar secures $108 million debt line

BlaBlaCar is an iconic name in the French startup ecosystem. The carpooling and bus ticketing company has been around for so long that it’s hard to consider it a startup anymore. Still, BlaBlaCar is an extremely interesting company today due to its unique trajectory. What started as a scrappy online hitchhiking community became a startup that raised hundreds of millions and reached unicorn status. It then expanded to many countries across several continents, then scaled back its ambitions and started to think about profitability. Today, the company is announcing that...