Yahoo has taken Koprol. com, an Indonesian mobile location-based-services Web company similar to Foursquare in the U. S. aiming to serve its users with added services.
This deal will shape Yahoo expertise in location-based mobile services that will eventually lead in helping people find nearby local businesses complete with reviews, on their mobile phones as well as locate their peers and friends and keep a tab on their activities.
The industry watchdogs claim that Yahoo seemingly aimed to acquire the New York City-based Foursquare valued at over US$100 million, failing to do so resulted in takeover of this Indonesian firm.
Also, Yahoo states that an overall increase in mobile devices across the world to access internet has resulted in to taking of such a beneficiary step, which soon will be seen in all net-enabled phones.
Source : topnews
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