But the online consumer reviews site lost 8 cents a share in the quarter, wider than the Street consensus estimated loss of 4 cents a share.
FORBES: Yelp: Q4 Revs Top Ests; Loss Wider Than Expected; Shrs Off
The consumer reviews offered by online agents could become trusted guides.
ECONOMIST: The travel industry
In seeking opinions to guide their choices in consumer electronics, for example, shoppers are overwhelmingly turning to online forums for reviews from fellow consumers and relying less on the opinions of editorial critics.
FORBES: Five Rules For Building Engagement With Product Reviews
Overall, I think this trend is beneficial for consumer reviews, but it does create the possibility that fact-like statements are legally immune online.
FORBES: Building Owner Can't Discover the Identity of Tenant Who Writes Bashing Yelp Review
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