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- Yelp is still a thingYelp is still a thing, but it has evolved from being a leader in restaurants and retail to becoming an all-in-one resource for local businesses, including dry cleaners and electronic repair shops1. However, Yelp has been losing its 5-star rating since it went public in 2012, as advertisers fled the platform and competition increased from Google, Facebook, and others2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Yelp has always been a leader in restaurants and retail – but in 2021, nearly two-thirds of the company’s revenue came from local services (dry cleaners, electronic repair shops, and the like). Essentially, Yelp has made a seamless transition to becoming an all-in-one resource for local businesses, not just restaurants.www.nasdaq.com/articles/is-yelp-still-relevant-post …Why Yelp is losing its 5-star rating When Yelp went public in 2012, the popularity of the review site was quickly growing and its stock soared. But it’s been a rocky road since then as advertisers fled the platform and as competition has increased from Google, Facebook and others.www.cnbc.com/2019/03/28/the-rise-and-fall-of-yelp.…
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