Yelp Inc (NYSE:YELP) Adds A Range Of Services To Its Portfolio, Attempts Aggressive Business Expansion

Yelp Inc (NYSE:YELP) has added a feather to its range of services; now all and sundry can easily book bottle service, golf services or outdoor activities through YELP. This addition has changed the face of YELP’s business endeavours in the parlance of booking and ordering across the US.

Technical analyst have identified strong buy signals in YELP.

Range Of Services Added

The online platform helps customers reserve a VIP table at some prestigious night club or book in advance a favourite course for playing a round of golf, try going outdoors with activities like sending flowers, seeking an appointment for some matter with some legal consultant or going out for skydiving.

The range of services that YELP has come up with will definitely take the company to new heights as is perceivable that there will be a number of online hits of YELP’s website. Moreover, this would enhance the exposure for this company and help attain revenues in greater volumes and better numbers.

Tie Ups With Other Business Houses

The company has enhanced its portfolio with the range of tie ups. Yelp Inc (NYSE:YELP) has teamed up with the likes of LegalZoom, TableList, GolfNow, Vimbly, Vagaro and BloomNation with a view to enhance its offerings competently. This truly expresses the vision that the company has and is banking on. The tie ups reveal YELP’s knack for a holistic expansion spree. Moreover, it increases the credibility of the company on the US online booking parlance.

Better Business Endeavours

The company has revealed statistics off late that portray that already more than 1.5 million bookings have been made on YELP’s platform. This reveals the potential of business that Yelp is looking forward to. Rise in credibility is definitely an aspect to harp on; however, rise in options for the customers, give them a number of options to bank on.

This move is a big one for the company that has grown quite rapidly from being a mere restaurant review site. The aggression in business development has come forth ever since Yelp Inc (NYSE:YELP) acquitted Eat24—a food delivery service company for $134 million during February 2015.

 

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Scott Coper

Scott Coper

Coper graduated from the University of Chicagi with majors in political science and journalism.