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Yelp shares down more than 5% on greater-than-expected loss

– 1 week ago @ bloomberg.com: Dianping.com, China’s largest website for location-based food and entertainment services, plans to sell shares in an initial public offering in five years and says it may be worth more than Yelp Inc. (YELP) or Groupon Inc. (GRPN). The company prefers a …

– 3 hours ago @ rttnews.com: Shares of Yelp, Inc. (YELP) declined 10 percent after the consumer review website reported a loss for the third quarter that widened from last year and also came in wider than analysts’ expectations. However, revenue for the quarter surged 68 percent and beat analysts’ estimates.

– 1 week ago @ streetfightmag.com: Dianping.com, China’s largest website for location-based food and entertainment services, plans to sell shares in an initial public offering in five years and says it may be worth more than Yelp Inc or Groupon. Dianping, with 75 million monthly active …

– 1 week ago @ fastcompany.com: Just as there are foodies who read Yelp, there are stoners who consult Leafly, a cannabis database made up of more than 50,000 strain reviews and 20,000 dispensary reviews. Leafly provides a resource for 2.6 million visitors each month. In August, the …

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Mystic Maggie

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