Street Fight Daily: Groupon Misses Estimates, Google Buys Frommer's | Street Fight

Street Fight Daily: Groupon Misses Estimates, Google Buys Frommer’s

Street Fight Daily: Groupon Misses Estimates, Google Buys Frommer’s

A roundup of today’s big stories in hyperlocal content, commerce, and technology.

Google-Frommer’s Deal Shows That Travel and Local Are Two Sides of the Same Coin (GigaOm)
Ryan Kim: Google’s acquisition of travel publisher Frommer‘s is being framed as another big push by the search giant to get into travel, following its purchase of ITA. But the deal also highlights how the worlds of travel and local are converging, with the two databases coming together as one big resource for consumers.

Groupon Sales Miss Estimates as Online Deal Demand Dims (Bloomberg Businessweek)
Groupon Inc. shares lost a fifth of their value after the largest daily-deal website reported second-quarter revenue that missed estimates as economic weakness in Europe curbed online coupon sales. Revenue rose 45 percent to $568.3 million, the Chicago- based company said in a statement yesterday. That fell short of the average analyst estimate of $575.3 million, according to data compiled by Bloomberg.

Is Google Eying a Same-Day Delivery Service? (Business Insider)
Matt Lynley: Just-in-time delivery wraps up a lot of important trends—turning commerce mobile, getting local retailers online, and making payments electronic. Google is trying to do all of those things, by the way. When we asked Google about the absolutely insane rumor, a company spokesperson said it does not comment on rumors or speculation.

Foursquare-Type Check-In Service Facedeals Uses Your Facebook “Like” History to Sweeten the Deal (Gizmodo)
Relying on the preauthorization of its proprietary app via your Facebook profile, Facedeals maps the current physical appearance of your face by scanning your most recently tagged photos. When you enter a participating business, a custom-developed Facedeals camera will scan your face and automatically check you in. Then Facedeals will send personalized deals and discounts, based on your Facebook “like” history, directly to your smartphone.

Yelp SEO Campaign Highlights 8 Local SEO Best Practices (Search Engine Watch)
Are you missing an opportunity to fully understand and take advantage of the impact of local on search engine rankings? A new whitepaper shares insights into how Yelp.com optimizes for local and highlights best practices for marketers.

Hey! Regulator! Leave Those Hyperlocals Alone! (Meeja Law)
Damien Radcliffe: I believe there is a strong case for arguing against the statutory regulation of online hyperlocal media [in the U.K.]. In fact, I would go further and argue that not only should it be avoided, but that it would also be impossible to enforce.

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