gebraset Posted May 8, 2015 Posted May 8, 2015 Yelp, the amazingly popular review site that provides reviews for virtually all types of consumer businesses, is apparently looking for a potential buyer. While Shannon Eis, a Yelp spokeswoman, noted that the company does not comment on any type of rumors or speculation surrounding the popular social media site, people familiar with the matter have noted that the company has been in touch with potential buyers recently and is also working with investment bankers. The company’s stock has fallen nearly 15 percent over the last year, but Yelp has made some intriguing business moves that have propelled it forward, such as the purchase of Eat24 just three months ago. In a sale, Yelp is likely to be worth $3.5 billion, which is quite impressive since it launched just 11 years ago as an email service for sharing recommendations. Source: CNET Back to original news post Share this post Link to post Share on other sites More sharing options...
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