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  • flankenking flankenking Jul 15, 2013 11:20 AM Flag

    Yelp has only less more than double revenues, but the 69-fold market-cap of Local Corp

    Yelp Announces First Quarter 2013 Financial Results
    SAN FRANCISCO, May 1, 2013 /PRNewswire/ -- Yelp Inc. (NYSE: YELP), the company that connects consumers with great local businesses, today announced financial results for the first quarter ended March 31, 2013.
    • Net revenue was $46.1 million in the first quarter of 2013
    • Adjusted EBITDA for the first quarter of 2013 was $3.2 million

    Local Corporation Reports First Quarter 2013 Financial Results
    • Revenue – First quarter 2013 revenue of $21.8 million
    • Adjusted EBITDA – The company reported positive Adjusted EBITDA for the first quarter 2013 of $605,000

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • China's Alibaba on hunt for acquisitions like Local Corp after IPO

      China's e-commerce giant Alibaba Group Holding Ltd's will use proceeds from its potential IPO to fund acquisitions, media reported on Wednesday, as the firm looks to broaden its mobile services.

      The group will not include most of its financial businesses, such as the Alipay online payment platform and its micro-loan services, in the potential IPO, Chief Executive Officer Jonathan Lu was quoted as saying in the China Daily.

      Alibaba has not officially announced that it will hold an IPO, but people familiar with the matter say the company has intensified its meetings with investment banks over the past few weeks.

      The issue is expected to value Alibaba at $60-$100 billion, and could raise $15 billion, making it one of the world's biggest internet IPOs and a much sought-after prize for bankers and stock exchanges.

      Lu, who succeeded founder Jack Ma in May, said the timing of Alibaba's listing would depend on whether he had a good acquisition target

    • Patents and Patent Applications of Local Corp
      .

      Owner* Short Title Country Status
      Application/
      Issuance
      Number
      Filing
      Date Inventors

      Searches Assisted by Multi-Level
      Menus
      Issued
      7,062,453
      08/31/2000
      Heath B. Clarke

      Search Selections with Supplier
      Information
      Issued
      7,890,378
      12/14/2005
      Heath B. Clarke

      Rewarding User For Search
      Selections
      Pending
      12/985,277
      01/05/2011
      Heath B. Clarke

      Dynamic adjustment of Telephone
      Listings
      Issued
      7,596,218
      05/30/2003
      William A. Montemer

      Dynamic adjustment of Telephone
      Listings
      Issued
      8,306,208
      08/07/2009
      William A. Montemer

      Dynamic adjustment of Telephone
      Listings
      Pending
      13/669,870
      11/06/2012
      William A. Montemer

      Directory assistance using keywords
      Issued
      7,200,413
      07/30/2003
      William A. Montemer,
      Heath B. Clarke

      Bidding for directory assistance
      Issued
      7,715,857
      03/23/2006
      William A. Montemer,
      Heath B. Clarke

      Bidding for Directory Assistance
      Issued
      8,359,049
      03/25/2010
      William A. Montemer,
      Heath B. Clarke

      Using Rules to Influence Search
      Results
      Pending
      11/302,506
      12/12/2005
      William Bertovich,
      Stephen Ely,
      Heath B. Clarke

      Determining A Search Center
      Pending
      11/302,412
      12/12/2005
      William Bertovich,
      Stephen Ely

      Advertising based on Semantical
      Keywords
      Pending
      11/452,607
      06/13/2006
      Ian Harcourt Niles,
      Heath B. Clarke

      Bulk Web Domain Generation
      Issued
      8,312,125
      03/12/2010
      Adam Rioux

      Bulk Web Domain Generation
      Pending
      3/675,340
      11/13/2012
      Adam Rioux

      Geocoding related Webpages
      Issued
      7,231,405
      01/10/2005
      Sam Xia

      Indexing Found Geocodes with
      Webpages
      Issued
      7,822,705
      06/11/2007
      Sam Xia

      Indexing Found Geocodes with
      Webpages
      Issued
      8,176,082
      09/22/2010
      Sam Xia

      Search Engine Indexing Techniques
      Pending
      13/438,339
      04/03/2012
      Sam Xia

      Provision Of Localized Shopping
      Based On Geocodes
      Issued
      8,032,427
      04/03/2007
      Roger Spreen

      System for Providing Localized
      Shopping Information
      Pending
      13/238,489
      09/21/201

    • Get Local. Results. - Engage consumers who are ready to buy.
      .

      .Are you ready to engage with active consumers the moment
      they are looking to buy? Then it’s time to GET LOCAL.
      Every single day, consumers who are ready to make a purchase
      visit Local Corporation’s online properties. The majority of
      these consumers are the “household manager” who is actively
      seeking nearby locations and competitive prices. Our properties
      deliver countless opportunities for advertisers to immediately
      engage with local consumers - and boost their bottom line!
      Local Corporation can help your clients enhance campaigns
      for brand awareness, direct response, acquisition and lead
      generation at the local level.

    • Hope it goes bk
      Worthless pos IMHO.
      Ml

    • Get Local. Reach. - Turn local online shoppers into customers.

      At Local Corporation, our purpose is simple: We connect
      businesses with active online shoppers who are searching
      for local products and services. In other words, we help
      you GET LOCAL.

      Through our flagship website - ranked one of the
      fastest-growing local search engines by Borrell Associates
      (2009) - and 1,200+ regional media sites, we provide
      direct access to a million consumers a day delivering click
      through rates more than 8x the industry average.
      We turn your online presence into a local solution.
      Leveraging proprietary technology, our sites connect
      advertisers directly with the most active and relevant
      audiences online, creating immediate sales opportunities
      for your advertisers.

      It’s time to GET LOCAL and reach the consumers who
      want to reach you.

 
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