Yelp is in big trouble if it can’t reverse its losses

A year ago, Yelp was making a small but still respectable $2.7 million profit, but that number has transformed into a $1.3 million loss. Even with the company raising its revenue by more than 50% year-on-year and increasing the number of reviews posted to its service by 35%, Yelp is still losing money. Investors are no longer confident in the company’s ability to make money and this is causing Yelp’s stock price to plummet.