Yelp jumps 23% on Q2 earnings
About this episode
Launch Ticker News Flash brought you by Bing! Yelp closed at $51.51, up 23%, and nearly double its IPO price. Jason Calacanis discusses its strong mobile showing, and how Facebook's successful turnaround in ad revenue is rubbing off on other mobile-heavy products. Jason predicts that the road forward for Yelp will include: going head to head with restaurant-booker OpenTable, getting into delivery, and eventually closing transactions for on-demand services, a la Uber.