Yelp records USD16m loss in 2011 as IPO nears

Mon Feb 6 2012, 08:39 AM

Yelp, the user reviews site, is planning to list its stock on the NYSE in its upcoming IPO, according to an updated SEC filing. The company also posted full-year results, with total revenue of USD83.3m in 2011, up 74.6% year-on-year from USD47.7m. The company made a net loss of USD16.7m, up 74.3% from a net loss of USD9.56m in 2010.

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