POLITICO: France’s Mr. Privacy turns cybersnooper
Qwant has now racked up more than €80 million in cumulative losses and has more than €47 million in debt, according to a public official involved in the matter and documents seen by POLITICO. It made a loss of more than €9 million in 2021. Qwant did not respond to detailed questions about its operations and balance sheet but said its total revenues in 2021 came to less than €12 million.