Who owns qype

Uhrenbacher says that Qype sees 6. The site also recently launched a localized version for Brazil. Uhrenbacher says that in order to take on Yelp the site would need to bring something different to the table, which could possibly be its multi-lingual capabilities. The two sites help people find local restaurants, gas stations, hospitals, retail stores, and a variety of other businesses. Users can find details on a business, including the address, directions, and phone number.

And they can read reviews from fellow members to see if the business is worth trying. Yelp already does business in 10 European countries. But it's looking for Qype to contribute its more than 2 million reviews and 15 million monthly visitors from across 13 different countries. We have built a solid foundation in Europe and this acquisition should significantly increase our international presence.

In May of this year, Qype officially became bigger than Yelp in terms of listings size in Europe, claiming , places reviewed in its database. That number is now even bigger: two million reviews and 15 million unique visitors per month across 13 countries.

Qype also has been looking at ways of diversifying its model, by introducing yes daily deals in the form of QypeDeals. Mobile is also increasingly playing a role. Some 30 percent of reviews are written from mobile devices. Yelp, while definitely investing in its European growth, has not been able to keep up the pace, in some cases coming much too late to markets where Qype had already carved out a presence. And, in the end, that may be the main reason that Yelp had to take Qype out.

This acquisition enables our users to contribute to a much bigger platform, delivering greater value to local businesses.