Bloomberg News

Drilldown: Where's the Profit Help for Yelp?

March 02, 2012

Bloomberg's Cory Johnson reports that Yelp's revenue rose 74% to $83.3 million last year, with local ads accounting for 70% of that and brand advertising making up most of the rest. The company hasn't posted a profit since at least 2007, according to their prospectus. He spoke yesterday on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Running Time: 02:42


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