Yelp, a publicly owned company headquartered in the United States, founded in 2004, employs approximately 8,610 individuals, and reported $1.5B in revenue as of 2025. The company's main product is software development, specializing in publishing crowd-sourced reviews about businesses.
Yelp entered into a content-licensing agreement with OpenAI, which some market observers interpret as a potential move by OpenAI to develop a new type of ad network leveraging real-time data and semantic intent. On July 23, 2026, Yelp announced it would release its second-quarter 2026 financial results, for the period ending June 30, after the market closes on Thursday, August 6, 2026. Earlier on July 23, the company's shares (NYSE: YELP) surged 8% following reports of the strategic partnership with OpenAI. This deal integrates Yelp's extensive database of reviews, ratings, photos, and business details directly into ChatGPT responses for local queries, according to reports.
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