Facebook (FB) Begins Testing Yelp-Like Platform

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Yelp (YELP) May See Competition from Facebook in Short Order - Sterne Agee CRT

December 16, 2015 11:14 AM EST

Sterne Agee CRT analyst, Arvind Bhatia, noted that Facebook is quietly testing a Yelp-like (NASDAQ: YELO) feature that looks interesting (facebook.com/services). Though this is currently a test and available only on the desktop, it seems logical this would expand to the mobile app in the near future and could compete effectively against... More

Facebook's (FB) 'Professional Services' Testing May Challenge Yelp (YELP) Prospects - Roth Capital Reiterates Sell

December 15, 2015 11:50 AM EST

Roth Capital maintained a Sell rating and $17.50 price target on Yelp (NYSE: YELP) as Facebook (NASDAQ: FB) begins testing of "Professional Services". Roth believes that the testing adds to its thesis that YELP's business prospects and user growth... More