Search Results for: beepcar

BlaBlaCar stops offering its services in Crimea to avoid EU sanctions

November 12, 2020

BlaBlaCar, the carpooling giant born in France, has stopped offering its services in Crimea, where it had been operating since 2014. The decision aims to avoid being targeted by the EU sanctions against firms operating on the peninsula, according to company representatives cited by local news website Crimea.Info. Since Russia took control of Crimea, a Ukrainian …

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BlaBlaCar completes acquisition of bus ticketing platform Busfor

November 12, 2020

BlaBlaCar, the carpooling giant born in France, is expanding to a new market segment with the acquisition of international bus ticketing platform Busfor. The deal, announced in September, has just been completed after obtaining the required antitrust permits in Ukraine, reports Kyiv Post. The terms of the agreement have not been disclosed, but it might …

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French carpooling giant BlaBlaCar to acquire bus ticketing platform Busfor

November 12, 2020

BlaBlaCar, the carpooling giant born in France, aims to expand on a new market segment with the acquisition of international bus ticketing platform Busfor. The news was reported today by business daily Kommersant, which cites exchanges with BlaBlaCar’s CEO Nicolas Bruisson and Busfor co-founder Ilya Yekushevsky. The deal, which is still subject to regulatory approval, …

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2018 Eastern Europe and Central Asia Tech Investment Overview

January 22, 2019

Tech investment volumes in Eastern Europe and Central Asia were modest last year, if compared with the Chinese, US or Western European markets. However, 2018 was marked by giant corporate deals involving international players while a series of smaller venture transactions illustrated the diversity of the regional startup scene. In this review, which encompasses Russia, …

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Mail.Ru Group surrenders carpooling activity to global leader BlaBlaCar

November 12, 2020

BlaBlaCar, the carpooling giant born in France, is consolidating its leadership on the Russian market with the acquisition of BeepCar, a competing service launched by Mail.Ru Group last year. The terms of the deals are expected to be disclosed in Mail.Ru Group’s next reports. BeepCar traffic will be redirected to BlaBlaCar “as of this autumn,” …

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Mail.ru Group launches international ride sharing service

November 12, 2020

Last month Mail.ru Group, a leading LSE-listed Russian Internet group, launched a ride sharing service in Russia and neighboring Russian-speaking countries. Dubbed ‘Beepcar,’ the service is available in Russian and English languages. Among other features, an automatic confirmation option is intended for drivers who would welcome any fellow passengers without validating their requests individually. The service has initially been …

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Mail.Ru Group announces revenue and profit growth in 2016

February 23, 2017

Today Mail.Ru Group, a leading Russian Internet group listed on the London stock exchange, provided preliminary unaudited financial information and key operating highlights for 2016. The group’s main financial results on a pro-forma basis are as follows: In 2016, the group’s aggregate segment revenue grew 14.8% year-on-year to 42.75 billion rubles (nearly $642 million at the average …

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