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Yelp Inc.

Yelp Launches in the Philippines to Expand Asia Presence

Yelp Inc. (NYSE: YELP) announced the launch of Yelp Philippines (http://www.yelp.com.ph). Beginning today, people across the Philippines are able to read reviews about great local businesses and create accounts on Yelp.com.ph to share their opinions. Yelp’s free iPhone and Android apps will be available as well as its free suite of business owner tools: Yelp for Business Owners (http://biz.yelp.com.ph). Source: Prnewswire.com Read More »

Yelp No longer Looking to Sell

Yelp shares fell more than 13% on Thursday July 2after Bloomberg reported that the company is not looking to sell itself. According to the Bloomberg report, based on interviews with people familiar with the matter, Yelp had been approached by several companies but is no longer interested in selling soon. Yelp hired Goldman Sachs after receiving interest from a potential buyer, according ... Read More »

Yelp Seeks Buyer Amid Slow Growth & Rising Costs

Yelp Inc. is exploring a sale as the company at the top of many Internet search results struggles to post strong growth with users and advertisers. The San Francisco-based site was willing five years ago to go it alone despite an acquisition offer from Google Inc.  Today, it is working with investment bankers and sounding out potential buyers, people familiar ... Read More »

Business Owners Blast Yelp

Yelp is taking some harsh criticism in the media once again.  Its handling of fake reviews is coming under fire, as is its worth to consumers.  Business owners are speaking out. Yelp recently announced that it had handed out a new round of consumer alerts – warnings that appear on business pages – calling out businesses for alleged foul Yelp ... Read More »

Yahoo Partners With Yelp To Bring Local Data To Its Search Tools

Yahoo announced that it has partnered with Yelp to bring local data into its search experience, both mobile and desktop. The deal will see traditional Yelp information, such as ratings and user photos piped into Yahoo. Yahoo is no longer a company known for its search products, having long-ago ceded its search technology to Microsoft, but the company does command a slice ... Read More »

Yahoo & Yelp In Partnership Deal

Various news sources have reported Yahoo has set its sights on Yelp.   The partnership will incorporate Yelp’s listings and reviews of local businesses into results on Yahoo’s search engine.  The new feature will be made available in the coming weeks. Ms. Mayer has led an overhaul of search technology at Yahoo as she tries to turn around the once-dominant Internet ... Read More »

Yelp Reports Revenue Growth of 70% in First Quarter

First-quarter earnings showed strong growth in key areas. Net revenue increased 70 per cent year-on-year to $46m, topping analysts’ expectations. Unique visitors and cumulative reviews were both up more than 43 per cent, while paying local business accounts (local businesses that pay to advertise on the site and that drive revenues) increased 63 per cent. Net loss in the first ... Read More »

Yelp Revenues up 67% in Q2 2012

Yelp Inc. (NYSE: YELP), a company that connects consumers with great local businesses, announced financial results for the second quarter ended June 30, 2012. Net revenue was $32.7 million in the second quarter of 2012, reflecting 67% growth in net revenue from the second quarter of 2011.  Cumulative reviews grew 54% year over year to more than 30 million.  Average ... Read More »

Yelp Is Feeding Its Online Reviews of Restaurants And Other Local Merchants to Microsoft’s Bing Search Engine

People using Bing to search for information about neighborhood businesses will be able to see excerpts from Yelp reviews. The deal between Microsoft Corp. and Yelp Inc. comes two weeks after Google unveiled a new feature that serves up restaurant ratings from Zagat. Google Inc. bought Zagat’s popular rating service for $151 million last year. To attract more people, Google ... Read More »