Qype was a Hamburg-based web 2.0 company centred on social networking and local reviews. They operated websites in Germany, the United Kingdom, France, Switzerland, Austria, Ireland, Poland, Spain, Italy and Brazil, and had approximately 22 million monthly unique European visitors.[2]
Competitor Yelp announced their acquisition of Qype[3] in October 2012 for a reported US$50 million.[4] Qype reviews were merged into the Yelp site by October 2013.
Company history
Qype was founded in March 2006 by Stephan Uhrenbacher for the German market. The initial funding came from Partech Ventures (Paris) and Advent Ventures (London).