Yelp Investor Presentation Deck
Key investment highlights
'As of December 31, 2022
Trusted Content
Well-known brand and trusted content provide competitive
moat and lower traffic acquisition cost
Sustainable Growth
Portfolio of product initiatives to drive sustainable,
profitable growth over the long term
Prudent Capital Allocation
More than $1 billion returned to shareholders
through repurchases¹
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Broad-based Local Ad Platform
Large, high-intent consumer audience supports
broad-based advertising model with large TAM and
significant monetization opportunity
Profitable Business Model
Structurally efficient business model driven by
product innovation and accretive sales channels
Strong Governance
Talented Board with diverse skill set and focus on
performance, including ESG
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