Yelp, the popular San Francisco-based online social network, revealed better-than-expected results when it announced its second-quarter earnings report on Wednesday, a press release for the company indicated.
The company said that 59 percent of its searches during the three-month period took place through its mobile app and mobile website. Further, 40 percent of its local ads were displayed on smartphones.
Yelp's strong performance pushed shares to an all-time high on Thursday. For more on the company's stock performance, read the full report here.