All Posts Tagged Tag: ‘Jeremy Stoppelman’

Dealing With An Increasingly Mobile Yelp

Yelp released its Q1 financial results on Wednesday with a 55% revenue increase compared to the same quarter last year, but falling short of analysts’ expectations and sending its stock price down. Still, the company grew its cumulative reviews by 36% to 77 million, including a record 6 million reviews contributed during the quarter. Do you expect Yelp’s increasing mobile …

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Is Yelp Headed In The Right Direction?

Yelp, the online review site that businesses love to hate, released its earnings report for the third quarter this week. CEO Jeremy Stoppelman proclaimed it a “great” quarter, but investors weren’t buying what Yelp was selling as the company’s stock plummeted. The company’s business outlook wasn’t as good as shareholders hoped, and there’s concern about growth maintenance and competition. Are …

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Yelp Continues To Celebrate Being 10 Years Old With An Infographic

I feel like Yelp has been celebrating being ten years old for months now (according to Google, it was founded in October). August 6th is apparently the date Yelp considers to be the anniversary. CEO Jeremy Stoppelman wrote a blog post talking about the company’s decade of existence, and sharing an infograhpic full of stats. He writes, “In summer of …

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Yelp Becomes Profitable For First Time Since Going Public

Yelp just released its Q2 earnings report with revenue of $88.8 million, up 61% year-over-year. Net income was $2.7 million, or $0.04 per share, compared to a net loss of $(0.9) million, or $(0.01) per share in the same quarter last year. That last part is the real news. CEO Jeremy Stoppelman said, “We delivered great results this quarter. Our …

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Yelp CEO Contributes $23K To Catch Whoever Has Been Trying To Poison San Francisco’s Dogs With Meatballs

Yelp CEO Jeremy Stoppelman is really looking to make a difference this week. Not only did he write an open letter to Arizona Governor Jan Brewer urging her to veto SB 1062, which would have allowed businesses to discriminate against gay people (eventually she did veto it), but he is also contributing to a $25,000 reward for information that would …

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Yelp Earnings Released, Revenue Up 72%

Yelp just released its earnings report for Q4 and full year 2013. Net revenue was $70.7 million, up 72% year-over-year. The company saw strong growth across all of its revenue sources. Cumulative reviews reached 53 million, up 47% year-over-year. Average monthly unique visitors grew 39% year-over-year to about 120 million. Active local business accounts reached 67 thousand, up 69 year-over-year. …

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Yelp Discloses Lobbying Efforts, CEO Sells 15,000 Shares

A couple of interesting pieces of Yelp news have surfaced in that the company is lobbying for patent reform and copyright laws, and CEO Jeremy Stoppelman has sold nearly 15,000 shares of the company. As first reported by The Hill, the company hired former House staffer Laurent Crenshaw as its first lobbyist a couple months ago. He is a former …

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Will Businesses Embrace Yelp For Ecommerce?

Yelp may be well known as a reviews site, where you can go to find out what people have said about a restaurant your thinking about trying or a plumber you’re considering calling to fix your sink. Through most of its life, that’s essentially what it has been. Yelp is evolving, however, and you can probably expect it to start …

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Yelp CEO Addresses All Your Favorite Accusations On Reddit

Yelp CEO Jeremy Stoppelman engaged in a reddit AMA (Ask Me Anything) today, taking on an assault of questions about extortion, fake reviews, lawsuits, wages, and just about everything you’ve ever heard people allege about the company. Not that he has any regrets about it. Someone actually asked him if he regretted doing the AMA, and he responded, “Absolutely not. …

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Businesses Continue To Bash Yelp As Investor Bets It’ll Be Dead In 2 Years

It hasn’t been a great week of PR for Yelp. While the company made its own news by expanding into Brazil, much of the media coverage has been about businesses bashing the company and its alleged practices and even included an angel investor betting $5,000 that Yelp will be out of business in two years based on a “flawed” business …

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Yelp Reports Q2 Earnings, Revenue Up 69%

Yelp released its earnings report for the second quarter on Wednesday with revenue up 69% year-over-year at $55 million, beating Wall Street expectations. The company also announced that cumulative reviews were up 41% year-over-year at over 42.5 million, average monthly unique visitors were up 38% to about 108 million, and active local business accounts grew 62% to about 51,400. “We …

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Here’s What Yelp Said About Future E-Commerce Products

This week, Yelp CEO Jeremy Stoppelman spoke at the LeWeb conference in London. SocialTimes initially reported on some comments he made, indicating that Yelp is considering going into e-commerce, which we covered here. Le Web has since released the entire interview on YouTube: After discussing business growth, fake reviews, and saying that Yelp is “disrupting the Yellow Pages,” Stoppelman got …

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