Yelp needs help, and buyout may be the answer
Yelp, owner of consumer review website Yelp.com, reported a second-quarter loss on Tuesday and forecast revenue for the current quarter that was far below expectations. As of Tuesday's close, Yelp – now valued at about $1.8 billion – had already lost 39 percent of its value this year. Unless Yelp can come up with a strategy to boost its financial performance, the San Francisco-based company should consider selling itself, several analysts said.
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Yelp needs help, and buyout may be the answer