Considered one of France's startup success stories, Paris-based ridesharing unicorn BlaBlaCar has announced that it's expanding its service from long-distance travel to include short-distance trips in the traffic-choked capital city. The company says some eight million drivers globally currently actively participate in the service. Unlike Uber or Lyft, its original business model was based on long-distance shared trips averaging 220 miles and a price-per-mile as much as 30 times lower than Uber. Like Uber and Lyft, it's available via an app just made available for iPhones and Android devices. And it notes that the service is now available in the Ile-de-France region, which includes Paris and surrounding cities including Versailles.

Source: Forbes September 16, 2017 17:26 UTC