Foursquare and Factual join forces to become a location data giant

foursquare.jpg
Image: Foursquare

Foursquare and Factual have joined forces with the aim to become a location-based data giant.

Foursquare CEO David Shim boasted that by combining the two companies, “Foursquare is now the undisputed independent leader in location technology and data”.

“Individually, we’ve each built strong, successful companies that have made significant impacts on the industry,” he said in a blog post.

“Together, we’ll drive new, market-leading innovation to enable organizations around the world to further tap into the power of location, while continuing to serve as outspoken leaders calling for the responsible collection and use of data.”

Coinbase 2

As part of the merger, Factual founder Gil Elbaz will join Foursquare co-founder Dennis Crowley on the executive team and board.

Shim will remain in his position as CEO. Shim was appointed to the CEO role at the end of last year after joining Foursquare in June as president.

This latest merger follows Foursquare’s acquisition of Placed last year from Snapchat. Placed was founded by Shim in 2011 before it was acquired by Snapchat in 2017.

“Following Foursquare’s acquisition of Placed last year and upon the integration with Factual, together we’ll offer customers a united product portfolio, providing the best in highly scalable audiences, offline attribution, point of interest (POI) data and developer tools that will enable companies to tap into data and insights that optimize their marketing and business decisions,” Shim said.

Foursquare also boasted that the “new” Foursquare would give the company access to more than 500 million devices worldwide, and more than 105 million points of interest across 190 countries and 50 territories.

Microsoft, Uber, Samsung, and Twitter are some of Foursquare’s existing customers.

Related Coverage

Naver and Foursquare to develop POI search engine

Naver Labs, the research subsidiary of South Korean search giant Naver, will work with US-based Foursquare to develop a new point-of-interest (POI) search engine for global deployment.

Salesforce buys marketing intelligence firm Datorama

Salesforce plans to use the acquisition to bolster its own data analytics capabilities within Marketing Cloud.

Used an iPhone and social media pre-2013? You may be due a tiny payout

Twitter, Instagram, and others are stumping up $5.3m to settle a privacy suit with implications for those who used social-media apps on an iPhone in 2012 or earlier.

Weebly confirms hack; millions of Foursquare accounts also exposed

Hackers targeted the tech companies as recently as February 2016, but Foursquare denied a breach.

Foursquare and Factual join forces to become a location data giant 1
blank
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

blank

E-Crypto News Executive Interviews


blank

bitcoin
Bitcoin (BTC) $ 38,813.00
ethereum
Ethereum (ETH) $ 2,816.34
tether
Tether (USDT) $ 1.01
binance-coin
Binance Coin (BNB) $ 333.36
cardano
Cardano (ADA) $ 1.39
xrp
XRP (XRP) $ 0.726040
usd-coin
USD Coin (USDC) $ 1.02
dogecoin
Dogecoin (DOGE) $ 0.200446
polkadot
Polkadot (DOT) $ 18.96
uniswap
Uniswap (UNI) $ 24.19
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 38,813.00
ethereumEthereum (ETH)
$ 2,816.34
tetherTether (USDT)
$ 1.01
bitcoin-cashBitcoin Cash (BCH)
$ 537.82
litecoinLitecoin (LTC)
$ 141.50
bitcoinBitcoin (BTC)
32.646,20
ethereumEthereum (ETH)
2.368,87
tetherTether (USDT)
0,849526
bitcoin-cashBitcoin Cash (BCH)
452,37
litecoinLitecoin (LTC)
119,02
bitcoinBitcoin (BTC)
27,859.39
ethereumEthereum (ETH)
2,021.53
tetherTether (USDT)
0.724963
bitcoin-cashBitcoin Cash (BCH)
386.04
litecoinLitecoin (LTC)
101.57

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

blank
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
blank
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021
Crypto Scams On The Rise As Market Enters Bull Cycle
Crypto Scams On The Rise As Market Enters Bull Cycle
December 22, 2020
Harpreet Singh Sahni perpetrated the Plus Gold Union Coin (PGUC) scam
Sydney Concert Promoter Harpreet Sahni Involved In $50M Crypto PGUC Scam
November 2, 2020

Blockchain/Cryptocurrency Questions and Answers

Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021
blank
What Is Plethori Platform And How Does It Work?
June 12, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin38,553 1.51 % 1.50 % 3.69 %
Ethereum2,786.9 6.44 % 6.24 % 21.18 %
Tether1.010 0.12 % 0.47 % 0.82 %
Binance Coin332.02 1.22 % 0.60 % 5.84 %
Cardano1.370 1.37 % 1.05 % 7.06 %
XRP0.7199 1.10 % 0.01 % 0.60 %
USD Coin1.010 0.26 % 0.32 % 0.49 %
Dogecoin0.1989 1.08 % 0.07 % 4.58 %
Polkadot18.85 2.36 % 2.05 % 29.59 %
Uniswap24.14 5.65 % 7.81 % 26.53 %

bitcoin
Bitcoin (BTC) $ 38,813.00
ethereum
Ethereum (ETH) $ 2,816.34
tether
Tether (USDT) $ 1.01
binance-coin
Binance Coin (BNB) $ 333.36
cardano
Cardano (ADA) $ 1.39
xrp
XRP (XRP) $ 0.726040
usd-coin
USD Coin (USDC) $ 1.02
dogecoin
Dogecoin (DOGE) $ 0.200446
polkadot
Polkadot (DOT) $ 18.96
uniswap
Uniswap (UNI) $ 24.19