Yelp Revenues Up 67%, Mobile Close to Surpassing Desktop

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Yelp surprised analysts with stronger than expected earnings in Q2, bringing in $32 million in revenue to post a $ 1.98 million loss. That’s a 67% jump in revenue year-over-year. And while net losses rose nearly 70%, much of that can be attributed to a bump in sales and marketing costs.

Startups Compete to Connect Neighbors — But Beware the ‘Empty Room’

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A number of new hyperlocal apps have popped up recently to facilitate neighbors’ conversations with one other, but I see three major hurdles to the adoption of these localized services. Local networks require critical mass, they require ringleaders, and they require neighbors who are willing to share online with people near enough to stalk them…

Street Fight Daily: Gilt City Rebounds, Trulia Files for IPO

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A roundup of today’s big stories in hyperlocal content, commerce, and technology.Gilt Groupe Will Distribute Local Deals Through MasterCard (All Things D)… Real Estate Listings Firm Trulia Quietly Files for IPO-sources (Reuters)… The Newsonomics of Amazon vs. Main Street (Nieman Lab)…

Street Fight Daily: Yahoo Nabs Google’s Mayer, LivingSocial E-Commerce

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A roundup of today’s big stories in hyperlocal content, commerce, and technology.A Yahoo Search Calls Up a Chief From Google (NYT)… LivingSocial to Start Selling Merchandise, With Weekly Offerings Tied to Social Experiences (The Washington Post)… Yelp’s Jeremy Stoppelman: A Profile (SF Gate)…

Street Fight Daily: More Journatic Drama, New Hyperlocal Co-op

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A roundup of today’s big stories in hyperlocal content, commerce, and technology.Chicago Tribune Discovers Plagiarism, Suspends Work with Journatic (Poynter)… Banyan Project Planning Its First Community-owned News Co-op (Nieman Lab)… The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong (Both Sides of the Table)…

PODCAST: This Week in Location-Based Marketing — Apple, Facebook, Yelp

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In this week’s episode, hosts Rob Woodbridge and Asif Khan look at what the iOS maps and Yelp integration means for Apple; Facebook’s “Friends Near By” folly; Yammer winning the Microsoft lottery; and are smartphones helping in-store sales? Plus special guest Holger Leudorf of Foursquare talks about find vs. search…

Street Fight Daily: ‘Daily Deals’ Profit, Yelp Surges

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A roundup of today’s big stories in hyperlocal content, commerce, and technology.Report: Most Daily Deals Now Profitable for SMBs, but Not Restaurants (Screenwerk)… Yelp Rises on Speculation of Smaller iPad (Bloomberg)… Community-Powered Traffic Navigation App Waze Hits 20 Million Users, Doubles Up in 6 Months (The Next Web)…

Why Mobile Can’t ‘Save’ Local News

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The only thing that saves local news is really good, unique local content and community allegiances that make it clear the news product is more than just a way to make money. The commitment has to be obvious. This is why a handful of mom-and-pop hyperlocal blogs have flourished as lucrative small businesses. And this is why the best growth at Patch is driven by the most committed local editors who weave themselves into the community fabric…

Factual Adds Monetization Capability With New API

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Factual has added engagement and monetization capabilities to its set of local data tools with the release of a new Monetize API. The API enables developers to snap deals and other engagement tools like restaurant reservations to any business in a developer’s local dataset, and share in the revenues generated from conversions…

Street Fight Daily: Yelp to Bing Local, IAB Launches Mobile Tools

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

Yelp to Feature Reviews on Microsoft’s Bing Local Search Pages (Bloomberg Businessweek)…

IAB Launches Hub For Mobilizing Web Sites (MediaPost)…

Anyone Who Thinks Mobile Advertising Is Going to Be Huge Needs to See These Charts (Business Insider)…

Can Local Save Mobile Ads?

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Oversupply of ad inventory on mobile could lead to the kind of runaway commoditization of display ads that developed on desktop over the past decade. The result: tanking CPMs. So how do we avoid that in mobile?

Street Fight Daily: Foursquare Hires CRO, Groupon Stock Probed

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

Foursquare Hires Former iAd Exec as Revenue Chief (AdAge)…

Groupon Stock Spike Probed (Wall Street Journal)…

Does Facebook Have a ‘Yelp Problem’? (ScreenWerk)…

Case Study: New York Acupuncturist Grows Business With Signpost

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As the owner of Premier Integrative Medicine, an acupuncture clinic in New York City, Humberto Toledo has struggled to generate walk-in traffic without a street-level storefront. To combat this issue, Toledo now uses Signpost to run regular deals and incentives to attract new customers, and says the company is less “intimidating” to work with than competitors like Groupon and LivingSocial…

Street Fight Daily: Yelp Earnings, Yahoo Small Biz Dashboard

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

Yelp Delivers Strong Revenue In Its First Earnings Report (Business Insider)…

Yahoo Launches Online Marketing Dashboard For Small Businesses (TechCrunch)…

Nobody Has Yet Built the ‘AdSense for Local’ (ScreenWerk)…

Street Fight Daily: AmEx CFO to Groupon Board, DNA Info Expands

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

Starbucks CEO Leaves Groupon Board to Make Room for AmEx CFO (PaidContent)…

NYC Hyperlocal News Startup DNA Info Hires Staff, Expands to Outer Boroughs (Washington Post)…

Yelp Gives $1.2M to Settle Unpaid Overtime Suit (GigaOm)…

Street Fight Daily: Bee Media Buys Adcentricity, Yelp Spam Begone

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

Bee Media Acquires Adcentricity to Unite Location-Based Ads, Mobile Shopping (TechCrunch)…

U.S. Mobile Ad Spend to Double in 2012 (Mediapost)…

Yelp Spam Begone: Software Weeds Out Fake Reviews (Mashable)…

Yext Infographic: 64% of Foursquare Listings Have Missing or Incorrect Info

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The graphic draws from data collected through Yext’s diagnostic tool, and shows that upwards of 40% of business listings on major hyperlocal services and directories include incorrect information. Foursquare is most consistently incorrect or incomplete, with 64% of the listings in the service including an error or missing key information (like a phone number), followed closely by AOL-owned MapQuest and Citysearch at 57%…

Addressing Foursquare’s Engagement Problem

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Foursquare has an engagement problem driven by the fact that users don’t view the application as communications platform. Two-way communications have become more important as overall engagement in social media has risen. A check-in, by default, is a one-way communication and not a conversation…

Street Fight Brings Popular Summit to San Francisco!

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On June 5, hyperlocal’s brightest minds will converge on the Bently Reserve in downtown San Francisco for Street Fight Summit West, the first West Coast conference produced by Street Fight. Confirmed speakers and attendees include some of the top thinkers in hyperlocal. Early bird tickets are available at a 50% discount for a limited time…

Street Fight Daily: Yelp Integration With Siri, Groupon Now Lags

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

Deeper Yelp Integration with Siri Gives Site More Visibility (ScreenWerk)…

GrouponNow Lags, But Other Products Gain Speed (Crain’s Chicago Business)…

Online, Offline Data Ad Platforms Emerge (Mediapost)…