Tuesday, November 5

Tag: Foursquare

Foursquare Acquires Geospatial Analytics Platform Unfolded
ACQUISITION

Foursquare Acquires Geospatial Analytics Platform Unfolded

NEW YORK, 5/20/2021-- Foursquare announced the acquisition of Unfolded a next-generation platform for geospatial analytics. With the addition of Unfolded’s capabilities to the Foursquare technology stack, enterprises and brands can soon come to Foursquare to not only access its industry-leading location data, but work with that data in an integrated platform for merging, enriching, analyzing, and visualizing spatial data - in whatever environment they choose. “Welcoming Unfolded to the team makes the Foursquare platform more powerful, robust, and accessible to our clients and partners,” said Gary Little, President and CEO of Foursquare. “This acquisition accelerates us toward our ambitious goal of bringing Foursquare Everywhere, and enabling businesses to unlock the true potential of lo...
Looking For An Uber? Book It Through Snapchat’s ‘Context Cards’
News

Looking For An Uber? Book It Through Snapchat’s ‘Context Cards’

Snap Inc’s Snapchat on Tuesday introduced “context cards”, a new feature that will allow users to book an Uber ride or reserve a seat at a restaurant without leaving the messaging app. The new feature is aimed at increasing the time a user spends on the app by providing contextual location-based search, potentially helping the company to get more advertising dollars. Snapchat, popular with young people for applying bunny faces or other filters to their pictures, competes for ad dollars with the likes of Facebook Inc’s Instagram. The new cards allow users viewing stories to swipe up and get relevant information about a business such as reviews, directions or contact information, the company said in a blog post. RELATED Snapchat Removes Al Jazeera Channel In Saudi Arabia ...
Selfi Discovery App for Hyperlocal Magicpin Raises $3 million Series A Funding
FUNDING

Selfi Discovery App for Hyperlocal Magicpin Raises $3 million Series A Funding

Magicpin, a hyperlocal discovery app, founded by Investor-turned-entrepreneurs Brij Bhushan and Anshoo Sharma have raised $3 million in Series A round of funding from Lightspeed Venture Partners. The app offers Instagram-like features where users can take pictures and selfies to avail of offers and discounts at neighbourhood stores. “While looking at the market from an investing lens, it was quite clear that India is entering a phase where everyone would be connected through their smartphones. A trip to China in late 2014 was an eye opener for the kind of businesses and value such an environment would create. There is an opportunity window today in India for creating a massively valuable business that leverages data, technology and people networks around offline transactions, and w...