Yelp buys Europe’s Qype for $50 million to globalize its local reviews

EUR 18,6 million in cash and 970.000 Yelp shares – that´s the price for Yelp to gain international speed and market-share. – And another European exit to a larger US rival. Yelp now is reporting USD 36,4 million revenues for Q3 and a net loss of USD 2 million.

Full story: Yelp buys Europe’s Qype for $50 million to globalize its local reviews — paidContent.

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