EMCC European Monitoring Centre on Change

Qwant

Company/Organisation:
Qwant

Geographic Location

Country: France
Location of affected unit(s): Paris, Nice

Company

Sector: Information / communication
IT and other information services
62.01 - Computer programming activities
Number Employed: 50

Employment Effects

Announcement Date: 01-02-2017
Type of Restructuring: Business expansion
Employment Effect Start: 01-02-2017
Foreseen End Date: 31-12-2018
Planned Job Creation: 150

Additional Information

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: 
08/02/2017
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