Thursday, May 8, 2014

Yelp: Just Getting Started


Summary

  • International expansion provides growth catalyst.
  • Cohorts nearing 10-years old are still growing in the 60% range.
  • The stock is approaching cheap valuations based on growth prospects.
The incredible part of the Yelp (YELP) story is the consumer review site is only getting started internationally. During April, the company entered the 26th country in the form of Japan, but it only obtains roughly 3% of revenue from those international locations.

Read the full article at Seeking Alpha. 


Disclosure: Long YELP. Please review the disclaimer page for more details. 



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