Yelp released their first quarter 2013 earnings report today, announcing a 68 percent increase from Q1 2012 with $46 million in net revenue this quarter. CEO Jeremy Stoppelman started the earnings report webcast by stating the company had hit record highs in all core metric areas.
Climbing to approximately 102 million, Yelp's average monthly unique visitors grew 43 percent year over year. Local business accounts reached approximately 45,000, a 63 percent increase year over year; and the number of reviews rose 42 percent year over year, with more than 39 million cumulative reviews on the [...]
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