A man wears a face mask due to the coronavirus outbreak while waiting for a takeout order at Kellys Irish Times on Capitol Hill on Tuesday, March 24, 2020. Many bars and restaurants are open limited hours for takeout orders only. (Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images)
Yelp will now display a GoFundMe donation button on restaurant pages, allowing users to easily support local businesses feeling the biggest impact from the coronavirus.
The new feature, which is being rolled out in the hardest-hit areas this week, will appear on pages for businesses like restaurants, bars, beauty parlors, and gyms.
On top of this, Yelp and GoFundMe have committed to matching the first $1 million in donations made through the new button.
When businesses reach the $500 donation threshold, the companies’ combined relief fund will contribute another $500.
This announcement comes on the heels of Yelp’s $25 million pledge to independent local businesses in the form of waived advertising fees.
Apple's 'Wonderlust' event will kick off Tuesday to showcase its newest products, including the iPhone 15 while Google is facing a federal antitrust lawsuit. Meanwhile, TikTok is rolling out ecommerce on its app.
Stocks opened lower in Tuesday's session on concerns over higher oil prices and after Monday's earnings report from Oracle that showed revenue came in weaker than expected.