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Yelp Introduces an AI Chatbot to Help Users Sift Local Recommendations
The upgrade adds third-party booking and delivery tools, with Yelp saying the assistant can answer questions and act on them in one conversation.
- Yelp upgraded its AI Assistant to function as a digital concierge, allowing users to ask natural language questions and complete actions like booking appointments or ordering food directly within the app.
- To help users navigate its reservoir of 330 million local business reviews, Yelp CEO Jeremy Stoppelman noted the bot provides personalized experiences by parsing 500 reviews in a second.
- The updated assistant integrates with third-party providers including DoorDash, Grubhub, Vagaro, ZocDoc, and Repairpal, enabling users to finalize transactions like ordering takeout or scheduling services.
- SVP Akhil Kuduvalli Ramesh noted that actions redirect to providers' apps or pages, meaning the system is not "agentic" in nature for completing transactions within the chat.
- Relying on Google for more than 70% of its web traffic, Yelp is pursuing AI updates to diversify its $1.5 billion annual revenue and boost competitive positioning.
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Why Yelp Stock Crushed it on Tuesday
Key PointsAs part of this, it rolled out a new service called Yelp Assistant.This AI chatbot can help users not only find suitable businesses but also book products and services directly.10 stocks we like better than Yelp › On the back of an update to its product lineup, Yelp (NYSE: YELP) stock did well on Tuesday. Investors pushed the shares up by more than 3% during an otherwise forgettable trading session that saw the S&P 500 index dip by 0.6…
·Alexandria, United States
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Yelp introduces an AI chatbot to help users sift local recommendations
Like other technology companies pursuing similar makeovers, Yelp is hoping artificial intelligence will transform its app into a more appealing destination that’s also easier to navigate.
·United States
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Total News Sources17
Leaning Left11Leaning Right0Center4Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
C 27%
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