On January 16, 2019, Yelp Inc announced that it has issued a statement in response to press release from SQN Investors LP. The Company stated that the Board and management team are focused on taking actions to deliver on Company’s disciplined strategy to achieve sustained, long-term growth and create shareholder value. The Company also stated that it value its shareholders input and will continue to incorporate investor feedback as it works to capitalize on the opportunities before its and further ensure that its Board’s composition best serves the strategic and operational goals of the business. Further, the Company stated that it is open to hear any ideas and investor input, including from SQN. The Company stated that it would also review SQN’s latest presentation. In addition, the Company stated that it looks forward to engaging further with Mehta to take his perspectives into consideration along with the perspectives of Company’s other investors.
Yelp Inc. connects consumers with local businesses. The Company's advertising products enable businesses of all sizes reach a large audience, advertise their products and drive conversion of their services. It offers a range of free and paid advertising products to businesses of all sizes, which include CPC Advertising (Yelp Ads) and Multi-location Ad Products. Its business page products include Free Business Account, Upgrade Package, Branded Profile, Enhanced Profile, Verified License, Business Highlights, Portfolio, Yelp Connect, Logo and Nearby Jobs. In addition to its advertising products, it also offers features and consumer-interactive tools to facilitate transactions between consumers and the local businesses they find on Yelp. It offers subscription services, licensing payments for access to Yelp data and other non-advertising, non-transaction arrangements. It sells its advertising products through online, its Website and Yelp for Business app, and indirectly through partners.
YELP INC. 
