GoodEggs powers an online marketplace where people can buy high-quality, sustainable food from local food growers and producers, and have it delivered to their door.
Google issued a Glass software update today that previews how the massive search and mobile company plans to monetize its innovate wearable technology.
Twitter has acquired Boston-based local social startup Spindle, the “discovery engine for the social web.”
Facebook announced today that the company now has one million active advertisers — companies or organizations that have advertised on the social network at least once in the last 28 days.
Three billion tweets and tens of millions of tips ought to add up to something. In Foursquare’s case, that means the “Best of” series, which highlights “the most awesome places in cities across the U.S.”
Locals know best. That’s the reason Airbnb just acquired Localmind, an expert at connecting inquisitive travelers to locals in the know.
Farmigo sets up an online farmers market with its database of farms, software platform, local food evangelists, and $8 million.
Foursquare is checking into Yelp’s territory with the addition of ratings to its listings.
Guest Post Out-of-home ads, such as those on billboards, transit, and street benches, may get a lot of eyeballs, but they can’t account for our preferences. Mobile can.
How do you succeed online in the crowded, noisy, and sometimes scammy local search market? If you’re Stik.com, you succeed by focusing on transactions that are infrequent, expensive, and have a high cost of failure.
Guest Post After more than a year on the Groupon beat, I’m retiring. But I have one final question for Andrew Mason.
Zaarly, the online marketplace where users find and hire talented local builders and artisans, is announcing a new “Zaarly Anywhere” initiative that allows any site to enable offline commerce from online content.
Guest Post Since the mid-1990s, entrepreneurs have been trying to tackle the local market. Many have failed. Others, like Yelp and Groupon, have been successful selling services to small businesses, but those services are of dubious value. (Disclosure: I have puts against Yelp and Groupon.)
Guest Post Have you had the feeling the quality of Groupon deals is going down? If so, you’re right. A report released this morning by Giorgos Zervas, a postdoctoral fellow of computer science at Yale University, shows that the average rating of a Groupon merchant before a deal runs is declining as Groupon matures. Zervas and other researchers had shown earlier that a business’s individual Yelp ratings dropped after running a Groupon. Yelp ratings by Groupon customers were, on average, 10% lower than those of their peers. (Disclosure: I met Zervas after the initial study and offered my theory that the average Yelp rating of merchants featured would be declining.)
After an accounting restatement, a shuffling of its board of directors and Groupon’s stock falling to below 50 percent of its initial public offering price (and 66 percent off the high it reached on its first day of trading), Groupon CEO Andrew Mason wrote a letter to shareholders yesterday to try to swing the momentum back in the company’s favor.
The other day, I tweeted “I should be able to ban anyone who rates Applebee’s 4* from ever influencing a Yelp result for me.” That sentiment touched a nerve among my followers. Shervin Pishevar of Menlo Ventures coined it “ The Agrawal-Applebee Law”.
I’ve spent much of the last year talking about how the sites small businesses rely on to advertise and promote themselves — think Yelp and Groupon — are failing them. In fact, helping small businesses at the local level is extremely challenging for technology companies, for the following reasons:
Editor's Pick One of the most interesting mobile apps to come out of the Occupy Wall Street protests was Vibe, created by Hazem Sayed, which allowed users to send anonymous messages in a tightly controlled distance. Betaworks recently bought the company, and today it is releasing version 1.5, with some new features it will be highlighting at SXSW this month.
The Hyperpublic team
Foursquare is attempting to make the unfamiliar less mysterious with the addition of familiar nearby places to hundreds of business pages Friday.
Stealth startup Nextdoor believes it has cracked the social/local code, and is today launching a digital platform that brings together your real-world neighbors.
Think twice before buying that daily deals voucher; a little research might yield a much lower price than that “bargain” through an online service like Groupon.
Google has bought Zagat, the popular restaurant reviews service. The search giant announced the news on its company blog today and said users will immediately start seeing Zagat’s content integrated in Google searches and Google Maps.
For Locai, which makes an iPhone app that lets you have conversations around check-in locations, less is more.
Hipster, a startup which aims to bring question and answers to local communities, has raised $1 million in seed funding from a long list of big-name investors, including Google Ventures.
nSphere, a company that aggregates online content, has bought mobile location-based deals company Peekaboo Mobile, it announced today. The company plans on leveraging Peekaboo Mobile’s application to provide local search information to its users.
Scvngr, a check-in app that asks users to complete activity challenges, recently launched LevelUp, a pilot in the local deals space. Now it’s offering a deal aimed specifically at entrepreneurs and their startups, dubbed “LevelUp Your Startup.”
Facebook Places, the feature that allows users to check in and share their location, may be winning the hearts and dollars of local businesses, according to a MerchantCircle quarterly report of more than 8,000 U.S. local businesses.
Guest Post Why is Google willing to spend over $6 billion for Groupon? The local advertising market is massive — yellow pages ads still bring in more revenue than Google’s annual revenue. Local has been an extremely difficult market for online ad solutions to capture. Consider how a yoga studio in Cleveland can advertise. With Google AdWords, the yoga studio can target people searching for the keyword “yoga”, but this is an expensive, nationally bid-up keyword, and not a word the people search every day. Adsense provides a bit more context, and the ad could be placed in websites that talk about yoga, but there aren’t that many people looking at pages like that to click on the ad. Google Maps lets the yoga studio ad coupons to its location, but it has not had much uptake. The incredibly large local ad market has remained primarily elusive to Google, to the point where it considered purchasing Yelp for a large sum even though it did not have that much local ad revenue.
In an effort to increase global outreach, microblogging platform Twitter has added 13 countries and 6 cities to its localized trending topics list today and announced plans to roll out integrated translations within tweets.