The reviews site has been keeping tabs on closures since March. Businesses can update their status to temporarily or permanently closed on Yelp.
As of August 31, nearly 163,700 businesses on Yelp have closed since March 1, the company said, marking a 23% increase from July 10. Of those, about 98,000 say they’ve shut their doors for good.
Of all closed businesses, about 32,100 are restaurants, and close to 19,600, or about 61%, have closed permanently.
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