Yelp Inc Stock Price, News & Analysis

Yelp has launched a collaboration with home decor brand Chasing Paper to create three unique wallpaper prints featuring popular small businesses from New York City, San Francisco, and Austin. The wallpaper is priced starting at $90, with Yelp covering installation costs for the first 30 buyers. Proceeds will support nonprofits aiding local entrepreneurs. The initiative reflects a 359% surge in interest for wallpaper installation, demonstrating Yelp's commitment to small business promotion and community support.

Yelp Inc. (NYSE: YELP) has announced its participation in Citi’s 2021 Virtual Global Technology Conference, scheduled for September 14, 2021, at 10:00 a.m. Pacific Time. The management will present insights into the company's performance and future outlook. Interested investors can access the live and archived webcasts on Yelp's investor relations website, www.yelp-ir.com. The archived presentation will be available for one year following the event.

Yelp has declared August 26 as “Make It Happen Day” in Texas, introducing a $100,000 fund to assist small businesses and residents with necessary repairs. The fund will support improvement projects for selected small businesses, including the Comfort Cafe in San Antonio, which suffered flood damage. Additionally, 50 Texans can win $1,000 towards home projects through Yelp's services by submitting quotes. Yelp will also donate $10,000 to five local businesses needing repairs, demonstrating their commitment to aiding the community in overcoming challenges faced due to COVID-19 and other disasters.

Yelp Inc. (NYSE: YELP) reported strong financial results for Q2 2021, achieving 52% year-over-year revenue growth and record Adjusted EBITDA. CEO Jeremy Stoppelman noted significant progress on product innovations and advertising revenue growth from Services categories and self-serve channels. This consistent execution of their strategic initiatives has strengthened Yelp's business structure. As a result, CFO David Schwarzbach announced an increased full-year outlook, emphasizing potential long-term shareholder value.

Yelp (NYSE: YELP) will present at the KeyBanc Technology Leadership Forum on August 12, 2021, at 9:40 a.m. PT. Investors can access a live and archived webcast of the presentation on Yelp's investor relations website.

Yelp connects consumers with local businesses, providing essential information, reviews, and options for engagement. Founded in San Francisco in July 2004, Yelp continues to enhance consumer interactions with local services.

Yelp Inc. (NYSE: YELP) will release its financial results for the quarter ended June 30, 2021, post market closure on August 5, 2021. A press release will accompany the Shareholder Letter, available on Yelp’s investor relations website. Following the release, Yelp will conduct a webcast conference call at 2:00 p.m. PT (5:00 p.m. ET) the same day to discuss the results. Established in 2004, Yelp connects consumers with local businesses by offering extensive business information and user-generated reviews.

Yelp Inc. (NYSE: YELP) announced its Q2 2021 Economic Average (YEA) report, highlighting a strong correlation between increased COVID-19 vaccinations and rising consumer interest on its platform. In Q2, 60,502 businesses reopened, the highest in a year, with new business openings reaching 150,940, surpassing pre-pandemic levels by 8%. The report indicates that areas with higher vaccination rates experienced greater consumer activity. Key states included Maine and Vermont, showing over 25% increases in consumer interest.

Yelp Inc. (NYSE: YELP) has launched Yelp Audiences, a new advertising platform designed to help national and regional advertisers connect with consumers based on their Yelp search activity. This platform allows advertisers to reach Yelp's high-intent audience across various websites and apps. Notable brands like KitchenAid have already partnered with Yelp Audiences. The initiative also emphasizes consumer privacy by eliminating third-party data purchases. In May, KitchenAid's campaign using Yelp Audiences showed a significant brand perception lift among targeted consumers.

Yelp Inc. (NYSE: YELP) is launching the ‘Decks for Dads’ campaign to assist fathers in completing unfinished deck projects initiated during COVID-19. The campaign offers to cover costs up to $2,000 for eligible users who hire professionals via Yelp’s Request-A-Quote feature. Recent surveys indicate that 71% of homeowners with outdoor spaces are interested in deck projects, but face barriers such as time and finances. Users can submit quotes until June 17, 2021, with winners announced the following day, aimed at enhancing summer outdoor spaces.