Yelp ad revenue rises 14% as advertisers ‘shift towards performance marketing’
Search Engine Land
AUGUST 8, 2023
The strong performance helped boost total net revenue up 13% year-on-year to $337 million, ahead of the Street consensus at $325 million. The increase in ad spend is positive news for the digital marketing sector as it shows that trust and stability is returning faster than was forecast following the slump triggered by the economic downturn.
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