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Yelp prepares to go public

Published on .

San Francisco—Yelp Inc., the social networking, user review and local search website, filed plans Thursday for an initial public offering expected to raise about $100 million. Yelp's underwriters include Citigroup Inc. and Goldman Sachs Group. Yelp joins other social and reviewing sites with plans to go public. Daily deals site Groupon Inc. plans an IPO this month, and stock for Angie's List, which offers reviews of such local services as accountants and plumbers, began trading Thursday, raising $114 million.
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