Type
Business expansion
Country
France
Region
Location of affected unit(s)
Paris, Nice
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.01 - Computer programming activities

150 jobs
Number of planned job creations
Job creation
Announcement Date
1 February 2017
Employment effect (start)
1 February 2017
Foreseen end date
31 December 2018

Description

The Web search engine Qwant has announced the recruitment of 50 employees in 2017, mainly in the south of France and one hundred in 2018, with the aim to reach the threshold of 200 employees by the end of 2018. Qwant was founded in February 2013. In fact, its search engine doesn't track its users and doesn’t filter web content. Qwant promises to users to respect their privacy. Qwant has just succeeded in a fund raising of €18.5 million in addition to the €20 millions received from the Europe Investment Bank. In January 2017, the Qwant Website receive 32 million of visits against 9 millions in January 2016. The company expect to obtain a turnover of  €500 millions by 2021 with 1,000 employees.

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Sources

  • 8 February 2017: Nice Matin

Citation

Eurofound (2017), Qwant, Business expansion in France, factsheet number 90291, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90291.