Announced
Completed
Financials
Sources
Tags
Digital Services
Russian Federation
bus ticketing
Private
Acquisition
Single Bidder
Majority
Friendly
Completed
Synopsis
BlaBlaCar, a long-distance carpooling platform that has recently expanded its offer to include buses, completed the acquisition of Busfor, Russia and Ukraine’s online bus ticketing platform. Financial terms were not disclosed. The acquisition will expand BlaBlaCar’s online inventory of third-party bus operators in a region where BlaBlaCar counts over 25m members. With 7k bus carriers across Russia, Ukraine and Poland, Busfor will reinforce BlaBlaCar’s position as the leading road mobility provider in the region, where it will retain a pure marketplace model. “We are thrilled to join forces with a leading regional player that has strong operating results and state-of-the-art technology. By growing a multimodal bus and carpooling offer together and by accelerating the transition from offline to online travel booking in Russia and the CEE region, we can better serve bus carriers and passengers, and improve long-distance mobility across the region.” Nicolas Brusson, BlaBlaCar’s co-founder and CEO.
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