Facebook pushes reviews site Yelp shares caused by 9.2%

since Facebook started testing a new local business search and rating Web site, Yelp's share price Thursday the biggest drop in four months.

This function allows users to search Facebook nail shop and takeaway restaurants and other local businesses. Users can also make evaluation and rating, and queries merchant contact information-that's what is Yelp currently dominate the field. Facebook has been through enterprise cooperation quietly collecting information and data company.

Facebook this new site may have on Yelp, Angie's List and other consumer review sites pose a threat because friends opinions in shopping and local businesses play an important role in the choice. Facebook has been testing-related functions, including letting users know which of their friends have been in the place where the "sign in".

"We are in the early, hoping to help people more easily find more interesting services home page. "Facebook spokesman Maike·pake (Mike Park) wrote in an e-mail message on Tuesday.

Yelp shares Tuesday on the New York Stock Exchange plunged 9.2%, to 26.87 dollars, the biggest one-day decline since July 29.