Yelp Prices IPO

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Summary

Yelp Inc., a San Francisco, CA-based website that connects people with local businesses, announced the pricing of its initial public offering of a total of 7,150,000 shares of Class A common stock at a price to the public of $15.00 per share.The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “YELP” on Friday, March 2, 2012.Founded in San Francisco in 2004 and led by co-founder and CEO Jeremy Stoppelman, Yelp allows people find events, lists and to talk with other users, called “Yelpers”.Since the launch, it has expanded into major metros across the US, Canada, UK, Ireland, France, Germany, Austria, The Netherlands, Spain, Italy, Switzerland, Belgium and Australia.FinSMEs 04/03/2012 Every business owner (or manager) can setup a free account to post photos and message her customers You can access Yelp via iPhone, Android, BlackBerry, and more – see the full list of mobile apps here.

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