![Yelp's $2 Billion IPO to Hit in Early 2012 [REPORT]](https://helios-i.mashable.com/imagery/archives/014bw717ymciqS9znt2IMxB/hero-image.fill.size_1248x702.v1647020391.jpg)
Credit:
Yelp is expected to file its prospectus by the end of this year, reports The New York Times, which cites "several people briefed on the situation." Yelp could not be reached for comment.
The company, which is known for its online reviews of local businesses, announced plans to go public in April. Previously, Yelp CEO Jeremy Stoppelman had said he wouldn't consider an IPO for "several years." Yelp also turned down a $500 million takeover bid from Google in early 2010.
Yelp's planned public offering comes after a series of social media IPOs. LinkedIn's May IPO was considered successful, and though Groupon pushed back the timing of its public offering a couple of times before going public last week, that IPO was also well-received.