Yelp Misses In Q4 With Net Loss Of $5.3M, While Revenues Grew 65 Percent To $41M

Yelp-LogoToday, Yelp announced its fourth-quarter earnings, and they weren’t as sunny as some as hoped. Net revenue was $41.2 million in Q4 of 2012 — a 65 percent growth in new revenue from 2011. In turn, net loss was $5.3 million, or $0.08 per share, compared to a net loss of $9.1 million, or $0.55 in the fourth quarter of 2011. Adjusted EBITDA was $1.8 million.

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Yelp Pays $50M To Acquire Its Big European Rival, Qype, To Beef Up Its Recommendations And Listings Business

qype logoThis just in: online recommendations and listings site Yelp is stepping up its international push and buying its biggest rival in Europe, Qype. It will pay €18.6 million for all of Qype’s shares and is adding another 970,000 shares of Yelp’s Class A common stock, for a total purchase price of approximately $50 million. Qype is headquartered in Germany, with operations across Europe. Combined, the two will have a service covering some 93 million monthly unique visitors and 32 million reviews, Yelp’s CEO Jeremy Stoppelman noted in a blog post. That should help Yelp compete better against the likes of Google, which combines its search, listings, user feedback and maps into a powerful product to rival that of Yelp’s.

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Social Media Earnings

Social media refers to the networks and digital tools that connect people in dialogue or interaction. So why aren’t public social media companies using the tools that they have created in their investor communications? There is an opportunity, with earnings season upon us, for public social media companies to engage socially with their investors.  It’s an ideal time for […]

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Anything Qype Can Do, We Can Do Four Years Later: Yelp Enters Poland

yelp logoLocal reviews site Yelp — which is up against big competition in Europe in competitor Qype — has launched Yelp Poland, giving it a stronger base in Central Europe.

The U.S. publicly listed company already has a Central European presence in Germany (launched in July 2010), Austria (launched in October 2012), and Switzerland (launched in September 2011) — though Qype itself is also present in those countries and launched in Poland as far back as December 2008.

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Anything Qype Can Do, We Can Do Four Years Later: Yelp Enters Poland

yelp logoLocal reviews site Yelp — which is up against big competition in Europe in competitor Qype — has launched Yelp Poland, giving it a stronger base in Central Europe.

The U.S.-based publicly listed company already has a Central European presence in Germany (launched in July 2010), Austria (launched in October 2012), and Switzerland (launched in September 2011) — though Qype itself is also present in those countries and launched in Poland as far back as December 2008.

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All About Fake Online Reviews: The Problem of Separating Fact from Fiction

I recently read an article on Mashable that reported on a study from tech research company Gartner. According to Gartner, by 2014, 10 to 15% of social media reviews will be fake and paid for by companies. Chalk it up to naiveté, but I found this news regarding fake reviews greatly disconcerting. Yelp and Urbanspoon […]

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