Last $65.80 USD
Change Today +2.74 / 4.35%
Volume 5.9M
YELP On Other Exchanges
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As of 8:04 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

yelp inc (YELP) Key Developments

YP Intellectual Property and Yelp Announce Strategic Deal

YP Intellectual Property, LLC and Yelp, Inc. have announced a strategic deal. The agreement will allow YP to enhance its customers' business listings on Yelp and expand their distribution within the YP Local Ad Network to include Yelp's vast consumer reach. The agreement also provides Yelp with additional means to access local businesses through YP and enrich their business listings with engaging content for consumers. With YP and Yelp's leading positions with local businesses and consumers, the deal will enable consumers to find and connect with even more of the great services and businesses they're already searching for online. The addition of Yelp's consumer reach as a Top 25 US web and mobile property to the YP Local Ad Network will enhance value to advertisers of YP.

Yahoo Partners with Yelp to Deliver Local Business Details to Users

Yahoo announced that it will now use Yelp to deliver local business details to users searching for information about a specific city in an attempt to give Google a run for its money. The financial terms of the deal have not been announced, but news of the partnership first leaked last month. Yelp reviews, ratings and photos will start to appear on the right hand panel of the search engine. The listings will also appear within Yahoo maps, for desktop, smartphone and tablet users in the U.S. Yelp stands to benefit from increased traffic and could generate better revenues, as well as helping its brand stand out by having its data featured on Yahoo. Yahoo's search market share started to slump after the company started relying on Microsoft technology to produce most of its search results. The partnership was intended to allow Yahoo to focus on providing other features for its search results.

Virginia Court of Appeals Rules against Yelp, Inc

After two losses in Virginia's courts, Yelp, Inc. has asked the Virginia Supreme Court to reverse the landmark decisions of Virginia's Circuit and Appellate courts and disregard state law, a move that could encourage the defamation of small businesses in the Commonwealth of Virginia. To defend its reputation against defamatory attacks by non-customers on Yelp, Hadeed Carpet Cleaning sought redress in Virginia's judicial system. Yelp was ordered by the Circuit Court for the City of Alexandria to identify a group of anonymous reviewers when Hadeed provided evidence explaining why Hadeed believes they never were customers of his businesses. After refusing to comply with the court order, Yelp was held in contempt of court by the Circuit Court and fined. Yelp appealed its contempt finding to the Court of Appeals of Virginia. On January 7, 2014, the Appellate Court affirmed the finding of civil contempt against the company. The company remains in contempt of court.

Yelp, Inc. Presents at Piper Jaffray Technology, Media & Telecommunications Conference, Mar-12-2014 08:30 AM

Yelp, Inc. Presents at Piper Jaffray Technology, Media & Telecommunications Conference, Mar-12-2014 08:30 AM. Venue: Le Parker Meridien, 119 West 56th Street, New York, NY 10019, United States.

Yelp, Inc. Presents at The Goldman Sachs Technology and Internet Conference 2014, Feb-11-2014 11:00 AM

Yelp, Inc. Presents at The Goldman Sachs Technology and Internet Conference 2014, Feb-11-2014 11:00 AM. Venue: The Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Geoff Donaker, Chief Operating Officer and Director.


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Valuation YELP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 18.6x
Price/Book 9.2x
Price/Cash Flow 3,252.8x
TEV/Sales 17.7x

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