How Google Maps Is Making Money with Maps
Google is revamping maps to compete with Yelp
Google (GOOGL) - Get Report Maps users can now bookmark favorite places and create custom lists. This helps Google generate more data and compete with Yelp (YELP) - Get Report . Companies can pay to stand out on maps with "promoted pins." They are often accompanied with a company's logo. Revamped local business pages allow businesses to share more information and provide special offers. Google says it is considering ads that pop up as you navigate along your route.
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