Yelp Results Presentation Deck

● ● Large market opportunity 20+ million Local business locations in the U.S. || yelpx Claimed local business locations: 3.4 million Local advertising accounts: 138 thousand Online* $19B Cable $7B OOH $8B ~$149 billion U.S. local ad spend (projected 2017) Radio $16B Mobile $16B Claimed local business locations as of December 31, 2016 and Local advertising accounts for the quarter end December 31, 2016 Sources: BIA Kelsey, U.S. Census Bureau *Pure-play Online / Interactive and Email. TV $21B Direct Mail $37B Newspapers $16B Yellow Pages $4B Magazine $2B len

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