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Yelp buys European rival Qype for $50 million
Yelp is looking to grab a bigger slice of the European pie with its latest acquisition.
The company, whose mission is to "connect consumers with great local businesses," said today that it has acquired Qype. Located in Germany with operations in the U.K, Qype dubs itself Europe's biggest local reviews site.
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 … Read more
