Yelp's ad sales practices seem like extortion to merchants, LA Times says Yelp charges merchants $75 per month to buy out ad space on their own pages, this includes making competitor ads "go away", which seems like extortion practices, reports LA Times. Reference Link
Yelp pullback a buying opportunity, says Wunderlich Wunderlich recommends using the pullback in shares of Yelp as a buying opportunity. The firm says its checks with Yelp advertisers has reinforced the value of the ads. It thinks acquisition rumors could resurface with Yelp now trading at a "more affordable price." Wunderlich reiterates a Buy rating on the stock with a $105 price target.