Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments

BlaBlaCar is a French online marketplace for carpooling. Its website and mobile apps connect drivers and passengers willing to travel together between cities and share the cost of the journey.

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments
Staff
100
The Company Statement
March 10, 2022

The company stops investments in the country, canceling its plans to support the growth of that market. All money flows between its HQ and its Russian subsidiary are interrupted. BlaBlaCar will maintain the current service, but isolate its Russian activity from the rest of the company, and stop all development plans.

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