Unconfirmed Rumor: Google to Buy Yelp for $500M

yelp_logoTechCrunch is reporting this evening that a deal between Google and Yelp is “80% likely” to happen. Rumored to be in the ballpark of $500M or more, the acquisition could be a huge gain for Google Maps and Android. Meshing Yelp’s crowd-sourced business directory together with Google’s Favorite Places could create a powerful tool for those on the go.  Yelp has over 5 years worth of user data and business information compiled which would certainly go a long way towards Google’s mobile experience.

It was announced back in September that Google is ready to start making both big and small purchases. Yelp is said to be expecting revenues of around $30 million this year and forecasting $50 million in 2010.

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Scott Webster
Scott Webster 6602 posts

Scott has been running AndroidGuys since 2007 and loves nothing more than reading up on the latest smartphone rumors. His other mobile efforts can be found on Android Update (CNET) where he covers Google's mobile platform.

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5 Comments

  1. ail inodore
    December 18, 06:34 Reply

    Hi,
    I have heard that Yelp has whispered that 2009 revenues will be around $30 million and are expecting $50 million or so in 2010.Is it so….

  2. Guest
    December 19, 23:41 Reply

    What does Google have to do with the GNOME help viewer?

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