Tag Archives: yelp

Can Yelp Fend Off Facebook, Reach $1 Billion Revenue?

Yelp (YELP) stock was up Tuesday on the heels of a new industry report from William Blair calling the crowdsourced review website’s significant stable of user reviews potent insurance against growing competition. The report comes a week after social networking king Facebook (FB) unveiled an upgraded mobile version of its Pages service designed for businesses — directly rivaling Yelp. The fortified Facebook service lets businesses create mobile

Yelp Beefs Up Its Health Information Service

Crowdsourced review site Yelp (YELP) is making a bigger move into health care. Consumers can already look up consumer ratings of doctors and other providers on the site. Now, Yelp says, it is adding health care statistics and consumer opinion survey data into the Yelp business pages of more than 25,000 medical treatment facilities. As a result, consumers will be able to use Yelp to find a hospital emergency room’s average wait time, see the number

Yelp Salespeople Jump Ship — So Do Investors

Yelp (YELP) stock plunged Wednesday after the crowdsourced review site posted weak guidance, triggering at least six ratings downgrades and five price target cuts. The company also announced that its co-founder and chairman is leaving the board of directors. Yelp stock was down 26% to 24.90 in late afternoon trading in the stock market today , its lowest point in more than two years. Since hitting a high of 101.75 in March 2014, Yelp has dropped