This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Review: Yelp Will Get Your Feet Back on the Ground

NEW YORK ( TheStreet) -- I'm a long-time fan of The Beatles. Today I've become a fan of a company that doesn't have a song named "Help" but it does offer Yelp (YELP - Get Report).

Any business that can grow sales and revenue by 67% year-over-year has my attention. Add to this the number of folks who visit its website each and every month (somewhere between 106 million and 110 million per month), and we could begin to see how the company's services sparkle.

What is Yelp? What does it do? It operates and related mobile apps, guides that help people find places to eat, shop, drink, relax and play based on the informed opinions of a community of locals in the know.

It offers information relating to restaurants, shopping, food, nightlife, arts and entertainment, local flavor, public services and government, active life, event planning and services, hotels and travel, beauty and spas, education, health and medical, local services, home services, religious organizations, professional services, mass media, automotive, pets, financial services, and real estate. No wonder my adult children use it frequently and tell me to "move into the 21st century!"

Yelp serves customers in the United States, Canada, the United Kingdom, Ireland, France, Germany, Austria, the Netherlands, Spain, Italy, Switzerland, Finland, and Belgium. Yelp was founded in 2004 and is headquartered in San Francisco.

The company has distinguished itself with a global demographic who use its site to find reviews of just about every kind of business from hair boutiques and restaurants to chiropractors and auto repair shops. On the other hand, business owners sometimes go ballistic when they receive a negative review they believe they don't deserve.

This has apparently led to some lawsuits against Yelp. One such suit is, as I write, before the 9th U.S. Circuit Court of Appeals. Competitors of businesses who are reviewed at Yelp's site may have sometimes used it to unfairly discredit the competition.

Yelp's site is a "review site" similar to and others. Some businesses that are reviewed are not only screaming "help!" but their fighting mad at sites like Yelp, which has been quoted as acknowledging that it has to be vigilant all the time against the increasingly sophisticated ways that some have misused it.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
YELP $21.64 0.00%
AAPL $94.19 0.00%
FB $118.06 0.00%
GOOG $695.70 0.00%
TSLA $222.56 0.00%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs