Facebook quietly tested a Yelp competitor and Yelp’s stock plunged 9%
▻http://uk.businessinsider.com/facebook-tests-new-way-to-let-people-find-the-best-local-busines
Facebook has quietly started testing a new recommendation service that lets users find the top-rated and reviewed local businesses in their area. The service looks similar to Yelp, which saw its stock plunge nearly 8% this morning. It finished the day down more than 9%. #Facebook #Yelp