Yelp announced on Thursday that it will acquire restaurant reservation system SeatMe, spurring whispers that the American company will eventually dump its OpenTable integration.
SeatMe is very similar to OpenTable, in that it allows restaurants and venues to manage their waitlist and serve up reservations. Yelp, which mostly offers internet ratings and review services, currently features OpenTable integration for reservations. However, many reports believe Yelp will soon begin replacing OpenTable with SeatMe functionality.
"By bringing SeatMe to Yelp, we can further enhance the consumer experience by extending the convenience of easy, online reservations directly through Yelp to thousands of currently unserved businesses," wrote Yelp in a blog post.
As for SeatMe's existing services, including a website and iPad app, the company said in an email to customers that nothing was changing. It plans to continue providing the "same great product and service".
Today's acquisition news comes just a few weeks after Yelp unveiled the Yelp Platform. It's a "transact" platform for the main site and mobile apps, enabling users to place orders through Yelp listings and process payments without having to exit.
Therefore, between SeatMe and Yelp Platform, Yelp looks as though it wants a future in which customers are closely tied to in-house products.
Update: According to TechCrunch, Yelp acquired SeatMe for $2.2 million in cash and 263,000 shares of common stock. That means the deal cost roughly $12.7 million.
VideoProc is a complete video processing toolbox for both Windows and Mac that can easily edit, resize, convert, enhance, stabilize & adjust any (4K) videos easily videos from GoPro, DJI, iPhone and any devices at fully GPU accelerated speed. Especially skilled at processing 4K videos with 30fps / 60 fps /120 fps /240 fps, large-sized videos and high speed videos shot with 120fps/240fps and slow-mo videos. Free Download of VideoProc by visiting "GoPro Studio".
Apple release dates: When are macOS Catalina, iOS 13, iPad OS, Arcade and TV+ coming to your devices?
26 famous artworks re-imagined with smiles and old age filters
Amazon Music adds an HD tier with lossless audio to better Spotify, Apple
Microsoft reveals Build 2020 dates a full eight months in advance
This app cancels all your subscription trials before you forget
Spotify could occasionally check your location to ensure you meet its Family plan conditions