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Yelp eyes $2bn IPO

The online review website picks US banks Goldman Sachs and Citigroup to lead the offering

Yelp, the online review website, has picked Goldman Sachs and Citigroup to lead an initial public offering that could value the company at up to $2bn, according to people familiar with the plans.

Yelp intends to file its IPO plans publicly within the next few weeks, said one person familiar with the matter. It's aiming to complete the sale in the first quarter, though timing may change with market conditions, the person said.

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