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Google's (GOOG) purchase of Frommer's reflects the search giant's recent tendency to...

Google's (GOOG) purchase of Frommer's reflects the search giant's recent tendency to acquire and develop the mobile/local solutions it needs, rather than rely on third parties, notes Larry Dignan. Whereas Apple (AAPL) has partnerships with Yelp, Facebook, and others, Google has proprietary offerings such as Zagat, Frommer's, Google+, and Google Wallet. Ryan Kim sees the acquisition as evidence local and travel content are converging - something that may work to the detriment of YELP and TRIP.
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Comments (3)
  • corte33
    , contributor
    Comments (78) | Send Message
    Essentially YELP has nothing to offer. Moreover, YELP's reviews favor businesses who buy ad space with YELP, and aren't to be trusted.
    14 Aug 2012, 01:52 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
    Not sure I see the growth (or value) proposition in this...GOOG has many darts to throw; we'll see how the aim works out.
    14 Aug 2012, 05:30 PM Reply Like
  • marilyn61
    , contributor
    Comments (173) | Send Message
    It would seem that Google is increasingly threatening a range of companies, like Yelp Inc and TripAdvisor plus many others that are all there on-line to give people a choice. I see yesterday that shares of Yelp fell by 7.7% to $23.87 on Monday after the deal was announced. Also Expedia Inc's stock has been affected by 1.1 % down to $53.83.
    15 Aug 2012, 02:59 AM Reply Like
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