Business
On the Menu for Yelp: Ordering Takeout with Eat24
NEW YORK (AP) — Competition for online takeout orders is heating up with Yelp’s purchase of Eat24.
Yelp, a San Francisco-based business reviews website, said Tuesday that it paid $134 million for Eat24. Launched in 2008, Eat24 lets users order from nearby restaurants through its website or app. Yelp said it plans to grow Eat24’s service from 20,000 restaurants to 1 million that have been reviewed on Yelp’s site.
GrubHub Inc., the leader in the competitive online food ordering market, is used by 30,000 restaurants in the U.S. and London. It also owns the Seamless service. Other rivals include Delivery.com, FoodtoEat.com and OrderUp.com.
Eat24 often used edgy marketing to stand out from competitors. It ran ads on porn sites, updated its social media accounts frequently and had rapper Snoop Dogg appear in a commercial. Like other online food ordering services, Eat24 makes money by keeping a percentage of sales from restaurants.
The deal will allow Yelp users to more easily connect with local businesses, said Yelp CEO and co-founder Jeremy Stoppelman, in a statement.
A Yelp spokeswoman declined to comment on the acquisition Tuesday.
Yelp paid $75 million in cash and 1.4 million in shares for Eat24 in a deal that closed on Monday.
Yelp and Eat24 have had a partnership since 2013, allowing users to order food from Yelp at some restaurants.
On Yelp, users can write reviews and upload photos, as well as see information like what time a business is open. Yelp also has reviews of plumbers, dentists, salons and other businesses.
Also on Tuesday, Yelp raised its outlook.
For the first quarter, it now expects revenue of $118.5 million to $120.5 million, up from its previous forecast of $114 million to $116 million. Analysts expected revenue of $115.9 million, according to FactSet.
For the year, it predicted sales of $574 million to $579 million, up from $538 million to $543 million. Analysts expected revenue of $543.4 million.
Shares of Yelp Inc. rose $2.49, or 5.9 percent, to $44.66 Tuesday.
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Black History
Emeline King: A Trailblazer in the Automotive Industry
Emeline King is recognized as the first African American female transportation designer at the Ford Motor Company. Let’s take a look at her life and career at the Ford Motor Company.
By Tamara Shiloh
Emeline King is recognized as the first African American female transportation designer at the Ford Motor Company.
Let’s take a look at her life and career at the Ford Motor Company.
King’s fascination with cars began during her childhood. Growing up, she was captivated by the sleek designs and mechanical complexities of automobiles. She loved playing with toy cars and considered it an insult if anyone gave her a doll.
King pursued her interest in cars by studying at the ArtCenter College of Design in Pasadena. There, she improved her skills in transportation design, gaining the technical expertise and artistic vision she needed to break into the male-dominated industry.
However, her true inspiration came from her father, Earnest O. King, Sr., who worked for Ford as a Fabrication Specialist. She remembered the father-daughter trips to the auto shows, and the Saturday mornings with the famous Black sculptor, Oscar Graves, who her father assisted in some of his commissioned art works.
She said Graves would mentor her in clay relief sculptures. She was always fascinated by the smell of clay that was a constant in his studio.
However, it was her first visit to her father’s job that became the catalyst for King to want a career in transportation design. At the company’s annual employee Christmas parties, she got the chance to meet his co-workers and learned about the roles they played in the auto industry. It was a chance to see some great cars, too.
Her career at Ford began in the 1980s, when women — particularly women of color –were scarcely represented in the automotive industry. King’s role at Ford was groundbreaking, as she became the first African American woman to work as a transportation designer at the company.
At Ford Design, she worked on the Ford Mustang SN-95’s interior. She also made several design contributions on other vehicles, too, including the interior components of the 1989 Thunderbird, the 1989 Corporate Steering Wheel, the 1989 Thunderbird Wheel/Wheel cover design program, the 1990 Thunderbird Super Coupe, the 1993 Mach III, the 1994 Mustang, to name a few.
King also served three foreign assignments: Turin Italy; Koln, Germany; and Brentwood, Essex, England — designing Ford cars for Europe.
Leaving Ford after about 25 years of service and along with her many speaking engagements, she wrote an autobiography about being Ford’s first female African American transportation designer titled, “What Do You Mean A Black Girl Can’t Design Cars? She Did It!”
She’s quoted as saying, “I’m now so proud to have written a book that I hope will inspire young girls and boys to never give up. To influence them so that they can stay focused and alert, and so they never look back. There are mentors who are placed in our lives to serve as our ‘Bridges to Destinations’ and allow us to cross over them to reach our dreams. Hoping they gain inspiration from my book, my motto for them is simple: ‘OPPORTUNITY IS NOW, SO GRAB IT! IF I DID IT, SO CAN YOU!”
Activism
OCCUR Hosts “Faith Forward” Conference in Oakland
The conference featured Congresswoman-elect Lateefah Simon, who will begin her term representing California’s 12th Congressional District in the U.S. House of Representatives in January.
Simon was honored with a special recognition from OCCUR for her civic and nonprofit leadership.
By Carla Thomas
The Oakland Citizens Committee for Urban Renewal (OCCUR) hosted its Faith Forward 2024 Conference on Nov. 8 at Resurrection Church in Oakland.
The conference featured Congresswoman-elect Lateefah Simon, who will begin her term representing California’s 12th Congressional District in the U.S. House of Representatives in January.
Simon was honored with a special recognition from OCCUR for her civic and nonprofit leadership. During her remarks, She commended nonprofits making a difference, and shared how she looked forward to representing Oakland and surrounding areas.
Simon also encouraged attendees to continue fighting despite their concerns about the presidential election results. She also cautioned that there may be resources that are discontinued as a result.
“We know the assignment. We have many of the resources right within our own community, and we will be ok,” Simon assured the audience.
The conference led by OCCUR president, Dr. David B. Franklin, also featured panels on funding opportunities, case studies, economic development, sustainable housing solutions, and organizing for action.
“In order for organizations serving the community to thrive, everyone must collaborate, share resources, and not operate in silos,” said Franklin.
Speakers included San Francisco Foundation CEO, Fred Blackwell, San Francisco Foundation FAITHS Program Director Dr. Michelle Chambers, and Kingmakers of Oakland Founder, Chris Chatmon. Guests were briefed on how Kingmakers of Oakland has gone from a budget of zero to several million and is set to acquire 200 acres of property to expand their programs serving young boys. The leadership at the San Francisco Foundation encouraged nonprofits, churches, and community leaders to work together, especially when donations and funding numbers are lower.
Ben Bartlett of Berkeley City Council; Trevor Parham, CEO of Oakstop; and CEO of the Lao Family Community Development, Inc., Kathy Chao Rothberg, inspired attendees with stories about their journeys in the nonprofit sector.
Additional speakers included Deka Dike, CEO of Omatachi; Landis Green, CEO of DGS Strategies; Sasha Werblin, Director of Economic Development, LISC Bay Area; Oakland City Councilmember Treva Reid; Faith and Justice Organizer of East Bay Housing Organizations, Ronnie Boyd; and Todd Bendon, Executive Director of Faith in Action East Bay; among others.
The event allowed community leaders, faith-based leaders, and nonprofits to gain Insight on how to strengthen their profits financially, and communally.
OCCUR has served the community for over 70 years supporting the wellbeing of historically marginalized communities with collaborative strategies. For more information visit occurnow.org
Activism
Bank of America Grants $200,000 to Richmond Housing Nonprofit
RNHS has provided housing services to Richmond residents since 1981. The organization develops, acquires, and/or rehabilitates single-family homes and housing developments in blighted or vacant lots in order to make them available as affordable homes for rent or purchase to low-income families.
The Richmond Standard
Richmond Neighborhood Housing Services, Inc. (RNHS) was one of two Bay Area nonprofits awarded a $200,000 grant over two years from Bank of America’s Neighborhood Builders program.
RNHS has provided housing services to Richmond residents since 1981. The organization develops, acquires, and/or rehabilitates single-family homes and housing developments in blighted or vacant lots in order to make them available as affordable homes for rent or purchase to low-income families.
The nonprofit also serves residents through education programs involving financial literacy programs, home loans, foreclosure prevention, and affordable rental counseling.
RNHS plans to use the $200,000 Bank of America grant to hire leadership staff, and to expand its Emerging Developers Program and Restoring Neighborhoods Program.
Through this grant program, RNHS will also benefit from comprehensive leadership training for its executive director and an emerging leader.
Since the Neighborhood Builders program’s inception in 2004, 59 nonprofits have been selected in San Francisco and the East Bay, with the bank investing nearly $12 million in philanthropic capital into these local organizations.
Along with RNHS, San Francisco-based mental health nonprofit RAMS also won a $200,000 grant this year.
“We’re proud to include RAMS and RNHS as the 2024 Neighborhood Builders,” said Gioia McCarthy, president of Bank of America San Francisco-East Bay. “Countless individuals, families and neighborhoods have felt the profound impact that these 59 Neighborhood Builder nonprofits have had in our area over the past two decades.”
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