Yelp to Acquire AI Lead Management Platform Hatch for $270M to Accelerate Local Business Growth
Yelp Inc. (NYSE: YELP), the platform connecting consumers with local businesses, announced a planned acquisition of Hatch, an AI-driven lead management and communication platform. The deal, valued at $270 million in cash plus $30 million for employee retention, marks a strategic push to expand Yelp’s AI offerings for service-oriented businesses. “Hatch is solving challenging lead…
