Traders Trade


Yelp Plans to Raise $100 Million from IPO

YelpBloomberg reports that Yelp plans to raise up to $100 million from its IPO offering. Yelp will offer 7.15 million share for $12 to $14. on March 1st. It will trade on the NYSE under the ticker symbol YELP.

Yelp provides reviews of businesses and services. According to Yelp's stats page, it has 66 million monthly visitors and 25 million reviews. They also say they have 5.7 million monthly unique visitors on its apps.

The Wall Street Journal's Lynn Cowan says Yelp is not profitable and never has been. She does say Yelp's revenue is growing. Take a look:











comments powered by Disqus

Index
Homepage
Recent Headlines
Twitter


Categories
Automotive
Books
Consumer Spending
Dollar and Currency
Energy and Oil
Entertainment Industry
Food Industry
Gold
Housing
Inflation
Interest Rates
IPOs
Jobs
Mergers and Acquisitions
Retail Industry
Retirement
Stocks
Tech Industry
Transportation









www.traderstrade.com

Copyright © 2000-2014 by Writers Write, Inc. All Rights Reserved.