Tag Archives: yelp

Yelp Stock Drops On Fears About New Facebook Feature

Yelp (YELP) stock dropped by more than 9% Tuesday after word spread that Facebook (FB) is quietly testing a new Web page where users can locate local business services, posing a threat to Yelp’s similar concept and Angie’s List (ANGI). Facebook has not announced the new feature, but there is a Web link where users can “find local businesses with the best Facebook reviews and ratings.” Featured listings on the searchable directory of professional

Facebook Tests Business Search Page Similar To Yelp

Facebook (FB) is quietly testing a new Web page where users can locate local business services, posing a threat to similar concepts at Yelp (YELP) and Angie’s List (ANGI). Facebook has not announced the new feature, but there is a Web link where users can “find local businesses with the best Facebook reviews and ratings.” Featured listings on the searchable directory of professional service providers include plumbers, pet services, personal care,

Yelp Stock Pops On Q3 Beat, Long-Term Worries Remain

Yelp (YELP) stock popped Thursday after the crowdsourced consumer review website reported that increasing sales made directly from search results, coupled with a rise in local advertising accounts, boosted revenue above consensus views in Q3. After the market close on Wednesday, Yelp also guided Q4 revenue above what Wall Street is expecting. “We executed well in the third quarter,” Yelp CEO Jeremy Stoppelman said during the company’s call with