With Delivery out of the Way, Yelp Doubles Down on Restaurant Products
Photo Caption: In its most recent earnings call, Yelp execs said they plan to invest heavily in Yelp's restaurant-facing products.
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As expected, Yelp is focusing a lot of energy — and money — on its products for restaurants in an effort to own the entire process, from booking to post-meal review.
Yelp’s sale of Eat24 to Grubhub closed last year, and in the company’s fourth quarter earnings call, CEO Jeremy Stoppelman outlined the company’s forthcoming investment in the rest of its restaurant products.
In the last quarter of 2017,
Yelp's Q4 earnings showed net revenue of $218.2 million, showing 12 percent growth year over year and beating estimates by $3.3 million. After the announcement, Yelp's share price dropped in aftermarket trading.
Yelp has earma
