Yelp Acquires AI Powerhouse Hatch: Revolutionizing Lead Management!
Analysis
Key Takeaways
- •Yelp is acquiring Hatch, an AI-powered lead management platform.
- •The deal is worth up to $300 million, including employee retention payments.
- •This acquisition suggests Yelp's commitment to leveraging AI for business service improvement.
“Yelp Inc. announced today that it had entered an agreement to buy Hatch, an artificial intelligence-powered lead management and communication platform provider, for up to $300 million.”