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dav1234

02/06/13 4:58 PM

#575872 RE: dav1234 #575871

More on Yelp: Average monthly visitors totaled 86M, +31% Y/Y but only +2% Q/Q (was +7% Q/Q in Q3) - 28M were mobile Web users. Active local business accounts +12% Q/Q and +68% Y/Y to 39.8K. Cumulative reviews +9% Q/Q and +45% Y/Y to 36M. Mobile apps used on 9.2M unique devices/month, up from 8M in Q3 and 7.2M in Q2. Sales/marketing expenses +59% Y/Y, less than revenue growth but still 62% of revenue. R&D +97% and 15% of revenue. YELP -4.6% AH. CC underway