Welcome to our dedicated page for Yelp news (Ticker: YELP), a resource for investors and traders seeking the latest updates and insights on Yelp stock.
Yelp Inc. (NYSE: YELP) regularly issues news and updates as a community-driven platform that connects people with great local businesses. Company press releases emphasize that millions of people rely on Yelp for useful and trusted local business information, reviews and photos to guide their spending decisions. This news page aggregates those announcements so readers can follow how Yelp’s platform, products and financial performance evolve over time.
Yelp’s news often highlights financial results, including quarterly net revenue, net income and adjusted EBITDA, which are detailed in shareholder letters and earnings releases. The company also uses news releases to announce the timing of upcoming quarterly results, conference calls and participation in investor conferences such as the Goldman Sachs Communacopia & Technology Conference, the KeyBanc Technology Leadership Forum and the Raymond James TMT & Consumer Conference.
Another major theme in Yelp’s news is product development and AI features. Recent announcements describe the expansion of Yelp Assistant, an AI chatbot that answers questions about businesses, and the launch of AI-powered call answering services Yelp Host and Yelp Receptionist. The company has also publicized AI-enabled features like Menu Vision, natural language and voice search, Popular Offerings, AI-grouped before-and-after photos, Review Insights, AI-powered response quality badges and AI-stitched videos.
Yelp’s news flow also covers partnerships and corporate governance. For example, the company has announced a preferred third-party delivery partnership with DoorDash to power ordering and delivery for diners who choose to order on Yelp, and it has reported the appointment of a new independent director to its board and subsequent committee assignments. By reviewing this news page, investors and users can see how Yelp communicates about its strategy, AI transformation, financial results and relationships with other companies.
Yelp Inc. (NYSE:YELP) has announced its Summer Ad Product Release, introducing new features for multi-location services businesses and national advertisers. Key updates include:
1. Request a Quote for Brands with a new Leads API, allowing national services businesses to manage leads across multiple locations.
2. Extension of Yelp Guaranteed, Verified License, and Portfolio to national services businesses.
3. Introduction of Spotlight video ads in the business page photo grid.
4. Expansion of Yelp Audiences to audio and connected TV platforms.
5. A new conversion API for improved advertiser measurement without relying on cookies.
These updates aim to help businesses generate and manage high-intent leads more effectively, while providing national advertisers with enhanced ad formats and measurement tools.
Yelp (NYSE: YELP) announced that its management will present at the Baird Global Consumer, Technology & Services Conference on June 4, 2024, at 3:45 p.m. Eastern Time.
The presentation will be available through a live and archived webcast on Yelp's investor relations website, remaining accessible for 180 days post-event. This event underscores Yelp's ongoing efforts to engage with the investor community and highlight its business strategies and performance metrics.
Founded in 2004, Yelp is a community-driven platform that connects users with local businesses through reviews, photos, and other useful information. The platform offers services like requesting quotes and booking tables at restaurants, contributing to consumer decision-making and business transactions.
Yelp (NYSE: YELP) has released its annual Environmental, Social, and Governance (ESG) Report, detailing notable achievements and goals. The company reduced its carbon footprint by 12.5% year-over-year, mainly by reducing office space and investing in five small-scale solar facilities in Michigan. Yelp aims to achieve net zero emissions by 2031. The company also fostered an engaged and inclusive employee environment, with 91% of employees feeling confident in career progress remotely and 96% affirming an inclusive atmosphere. Additionally, Yelp enhanced its content trust and safety measures by implementing large language model technology to detect inappropriate content and indexing businesses with suspicious review activities.
Yelp (NYSE: YELP) has announced its participation in the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference. The event is scheduled for May 22, 2024, at 8:00 a.m. Eastern Time. Both live and archived versions of Yelp’s presentation will be accessible on their investor relations website for 30 days post-event.
Yelp, established in 2004, serves as a community-driven platform connecting people with local businesses. The platform offers a variety of services, including reviews, photos, and booking options, to help users make informed spending decisions.
Yelp Inc. reported strong financial results for the first quarter of 2024, with a 7% increase in net revenue to $333 million, net income rising to $14 million, and adjusted EBITDA growing by 19% to $64 million. The increase was driven by strong performance in services categories, offsetting challenges in restaurant and retail sectors. The company's strategic investments yielded positive results, setting a strong foundation for the year ahead.
Yelp Inc. announces its Spring Product Release, unveiling Yelp Assistant, a conversational AI feature, Yelp Fusion AI API, and a revamped Yelp Guest Manager to improve consumer-business connections. Yelp Assistant uses LLMs to match users with service professionals efficiently. The Yelp Fusion AI API enables natural language search on third-party platforms. Yelp Guest Manager offers tools to enhance restaurant front-of-house operations.
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