Fast Feed [1]
Yelp's Monthly Visitors Top 100 Million, But Profits Dip
The site sees plenty of action--and much of it is mobile--but reports a quarterly loss.
Location-based Yelp [3] has revealed [4] that in January there were more than 100 million visitors to its website in one month--the first time its traffic has reached this peak.
Meanwhile, Yelp reported [5] its earnings, and the reviews there are not quite as rosy. While the company managed revenues of $41.2 million--above expectations--it actually achieved a net loss equating to $0.08 per share--a figure worse than the $0.03 analysts were expecting. Its growth figures [6] remain promising, though, and the company is still young--and achieving [7] significant impact [8].
[Image: Flickr user chiropractic [9]]
