Yelp Inc.  (YELP)
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Yelp Inc's



YELP Sales vs. its Competitors Q2 2022

Comparing the results to its competitors, Yelp Inc reported Total Revenue increase in the 2 quarter 2022 by 16.21 % year on year.
The sales growth was above Yelp Inc's competitors average revenue growth of 8.33 %, recorded in the same quarter.

List of YELP Competitors

With net margin of 2.68 % company reported lower profitability than its competitors.

More on YELP Margin Comparisons

Revenue Growth Comparisons

Net Income Comparison

Yelp Inc. Net Income in the 2 quarter 2022 grew year on year by 90.15 %, while most of its competitors have experienced contraction in net income by -21.86 %.

<<  More on YELP Income Comparisons

Yelp Inc's Comment on Competitors and Industry Peers

The market for information regarding local businesses and advertising is intensely competitive and rapidly changing. We compete for consumer traffic with traditional, offline local business guides and directories as well as online providers of local and web search. We also compete for a share of businesses’ overall advertising budgets with traditional, offline media companies and other Internet marketing providers. Our competitors include the following types of businesses:

Offline. Competitors include offline media companies and service providers, many of which have existing relationships with businesses. Services provided by competitors range from yellow pages listings to direct mail campaigns to advertising and listing services in local newspapers, magazines, television and radio.

Online. Competitors also include Internet search engines, such as Google and Bing, review and social media websites, such as Facebook, as well as various other online service providers. These include regional websites that may have strong positions in particular markets.

Our competitors may enjoy competitive advantages, such as greater name recognition, longer operating histories, substantially greater market share, established marketing relationships with, and access to, large existing user bases and substantially greater financial, technical and other resources. These companies may use these advantages to offer products similar to ours at a lower price, develop different products to compete with our current solutions and respond more quickly and effectively than we do to new or changing opportunities, technologies, standards or client requirements. Certain competitors could also use strong or dominant positions in one or more markets to gain competitive advantage against us in markets in which we operate.
We compete on the basis of a number of factors. We compete for consumer traffic on the basis of factors including: the quality and reliability of our content; the breadth, depth and timeliness of information; and the strength and recognition of our brand. We compete for businesses’ advertising budgets on the basis of factors including: the size of our consumer audience; the effectiveness of our advertising solutions; our pricing structure; and recognition of our brand.


Overall company Market Share Q2 2022

Overall company sales advanced by 16.21 % Yelp Inc outperformed its competitors in this segment and improved market share, to approx. 0.3 %.
<<  More on YELP Market Share.
*Market share is calculated based on total revenue.

YELP's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

(in millions of $)
(in millions of $)
(in millions of $)
Yelp Inc. YELP 2,459.64 1,118.00 48.00 5,196
Digitaltown, Inc. DGTW 0 0.00 -3.36 16
Alphabet Inc. GOOG 1,297,220 278,139.00 72,016.00 163,906
Professional Diversity Network Inc. IPDN 13 7.39 -1.71 167
Meta Platforms Inc. META 370,080 119,411.00 33,631.00 54,014
Pinterest Inc. PINS 15,357 2,720.40 220.34 3,225
Weibo Corporation WB 3,858 2,257.08 411.88 3,361
SUBTOTAL 1,688,988.28 403,652.94 106,322.49 229,885

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