Bing Maps Road Map Style Update Goes Live!
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Bing Maps Road Map Style Update Goes Live!
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LinkedIn Privacy Policy Updates Goes Live in Coming Week!
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After reports and regulatory filings, Gilt Groupe has confirmed to AllThingsD's Tricia Duryee that the company has raised $138 million at a $1 billion valuation.
The round includes existing investors as well as Softbank as a new investor. Softbank, a Japanese conglomerate with a history of backing US startups going into Japan, is also buying half of Gilt Japan, Gilt's successful Japanese arm.
Kevin Ryan, the Founder and CEO of the company, said that Gilt is not yet profitable, and that it's going to use the money to fuel its growth and expand. The company started out a fashion flash sales site but now does travel and has a higher-end Groupon-like service called Gilt City. The next verticals it plans to open up are gourmet food and full-price men's clothing, and Ryan says they plan to enter one or two new verticals per year for the next few years.
The company is going to need the money to fend off Amazon, which launched a competitor called MyHabit, and the biggest company in the space, France's Vente Privée, which is expected to enter the US soon.
Don't Miss: Meet MyHabit, Amazon's Gilt Killer →
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Gilt Groupe Goes To $1,000,000,000 (AMZN)
BlackBerry ‘Signing Tool’ for Tablet OS Goes Live!
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Union Square Creates New Fund as Social Media Goes Mainstream
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Before he appeared on the Today show this morning, Groupon CEO Andrew Mason tweeted, "About to do TODAY show and beta test a new technique for dodging questions."
While that was a funny line, it wasn't a joke. He dodged almost every question thrown at him by Matt Lauer.
But, as usual, Mason was entertaining.
He was asked about the $6 billion offer from Google. He launched into a long winded story about being embarrassed about his middle name as a child. Lauer cut him off after a few minutes.
Later Lauer asked him what he wants to do with his "clout" as a hot shot young CEO of the digital world. Mason said, he wants to get more buildings to have the word "laser" in their name.
He then said, I don't know, I can't take that seriously, I feel like clout is something that builds up on your teeth.
And that was the end of the interview. Watch it:
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See Also: Why Groupon Said No To Google's $6 Billion
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30-Year-Old CEO Who Turned Down $6 Billion From Google Goes On The Today Show
Verizon 4G LTE Site Goes Live!
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Out of the Web2.0 event this week in San Fran, Yahoo! has lifted the lid off their latest plans to harness the power of location and mobile location tech – enter Yahoo! Local offers. Some details… Yahoo! is launching its Local Offers program with more than a dozen partners to provide a wide selection of [...]
Post originale: http://blog.gisuser.com/?p=8097
Greg Le Tocq, managing director of Vouchercloud: 'We don't make money. Yet.' Since launching in February, the UK-only Vouchercloud service has had some heavyweight encroachments on its mobile patch. Facebook, the world's premier social network, recently announced plans to make money from its new mobile check-in feature, Places. Foursquare and Gowalla have continued to rise in adoption,...
Source : The Guardian
Explore : Cell Phone, Phone, Smartphone, Social Network, Telecommunication
I received a cool tip off from the good folks at Esri who’ve enlightened me a little not only on a great effort called “GeoMedicine” (FYI, the topic of medical geography was a favorite of mine back in my U Vic days when I was studying my fave classes on medical geography under the late [...]
Post originale: http://blog.gisuser.com/?p=8027
SCVNGR is a location-based service with apps for the iPhone and Android that wants to add a "game layer on top of the world." Starting today, the company is getting closer to this goal, as it is going international and expanding to about 80 new countries. Until today, SCVNGR was only available in the U.S.
SCVNGR is also switching away from its own proprietary location database. Thanks to its close relationship with Google (SCVNGR is, in part, funded by Google Ventures), the service is the first site to leverage the new Google Places API.
As the company's founder and "Chief Ninja" Seth Priebatsch told us yesterday, switching to the Google Places API allowed SCVNGR to quickly scale globally, as it can now rely on Google's extensive location database to power its service. SCVNGR users will now also be able to create challenges and treks - the central gaming elements on the service - at all of these locations. As we noted when Google first announced it, the Places API "could do for check-ins what Google Maps did for maps." As Priebatsch told us, the fact that Google gave his company access to this comprehensive global database with millions of locations made switching to it a no-brainer.
While SCVNGR plans to launch localized versions of its apps in the future, the interface is currently only available in English. Users can create challenges using their own languages, however.
The service, which launched just 20 weeks ago, currently has about half a million users, though it's not clear how many of these are active users. Priebatsch also told us that the company has managed to double the number of enterprise clients since its official launch to over 1000. SCVNGR clearly has a lot of momentum going for it right now and it will be interesting to see how the service develops now that it is going global.
Discussclickz Location-based player releases local ad features and a unique pricing model to attract regional businesses.
Source : ClickZ