Yelp Inc (N:YELP)
Business Focus: Internet Services
| Sector: Technology | Industry: Internet Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 350 Mission Street, 10th Floor SAN FRANCISCO CA 94105 |
| Tel: | N/A |
| Website: | https://www.yelp.com |
| IR: | See website |
| Key People | ||
| Jeremy Stoppelman Chief Executive Officer, Co-Founder, Director | David A Schwarzbach Chief Financial Officer | Joseph R. Nachman Chief Operating Officer |
| Carmen Orr Chief People Officer | Sam Eaton Chief Technology Officer | Craig Saldanha Chief Product Officer | Aaron Schur Company Secretary |
| Business Overview |
| Yelp Inc. connects consumers with local businesses. The Company's advertising products enable businesses of all sizes reach a large audience, advertise their products and drive conversion of their services. It offers a range of free and paid advertising products to businesses of all sizes, which include CPC Advertising (Yelp Ads) and Multi-location Ad Products. Its business page products include Free Business Account, Upgrade Package, Branded Profile, Enhanced Profile, Verified License, Business Highlights, Portfolio, Yelp Connect, Logo and Nearby Jobs. In addition to its advertising products, it also offers features and consumer-interactive tools to facilitate transactions between consumers and the local businesses they find on Yelp. It offers subscription services, licensing payments for access to Yelp data and other non-advertising, non-transaction arrangements. It sells its advertising products through online, its Website and Yelp for Business app, and indirectly through partners. |
| Financial Overview |
| For the three months ended 31 March 2024, Yelp Inc revenues increased 7% to $332.8M. Net income totaled $14.2M vs. loss of $1.2M. Revenues reflect Advertising segment increase of 7% to $317.6M, Other Services segment increase of 29% to $15.1M, All Other Countries segment increase of 18% to $2.6M. Net Income reflects Asset impairment decrease from $3.6M (expense) to $0K, Stock-based Compensation in R&D decrease of 9% to $23.7M (expense). |
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