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Each review, tip, photo, and video expand the breadth and depth of the content on Yelp, which drives a powerful network effect: the expanded content draws in more consumers and more prospective contributors. For this reason, Yelp fosters and supports communities of contributors and makes the consumer experience its highest priority. In addition to advertising products, Yelp also offers consumer-interactive tools to facilitate transactions between consumers and the local businesses on Yelp. These features are primarily available through partner integration. By both transaction volume and revenue, the largest of which is its partnership with Grubhub, allows consumers to place food orders for pickup and delivery through Yelp. Transaction revenue stream only contributed 1.5% to its revenue in 2020....
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