Yelp Continues Expansion in Europe with Acquisition of Local Review Site Qype

U.S.-based Yelp is heading across the pond for more local business reviews. The company today announced the acquisition of Qype, a local review site based in Europe, for approximately $50 million. According to the statement, Qype brings along two million reviews and 15 million monthly unique visitors in 13 countries.

U.S.-based Yelp is heading across the pond for more local business reviews. The company today announced the acquisition of Qype, a local review site based in Europe, for approximately $50 million. According to the statement, Qype brings along two million reviews and 15 million monthly unique visitors in 13 countries.

The announcement precedes Yelp’s third quarterly earnings statement, which the company plans to release on November 1 along with guidance for the fourth quarter and for the year of 2012.

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