BlaBlaCar sees this acquisition as a unifying opportunity for Eastern Europe’s fragmented market under a single platform to meet a greater diversity of rider needs.
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.
Russia has built Europe’s longest bridge connecting Crimea with the Russian mainland, with the bridge expected to boost the economy of Crimea by 2-3% and bring down the price of goods by 15%.
Concerns are arising in the EU about the West’s waning influence in Eastern Europe as rampant Chinese investment increases, including the $1 trillion One Belt, One Road project to streamline trade.
Eastern Europe’s infrastructure lags behind Western Europe, yet the logistics industry in that region has outperformed the remainder of Europe in the past year.
