Yahoo! bought an Indonesian site you’ve never heard of: Koprol. It didn’t spend a lot I’m sure; the site is young and still in beta.
At a high level the site mimics the functionality of Foursquare. It’s about mobile access to local information and social content (updates, friends’ comments).
It appears to have traction in its home market of Indonesia, but will it succeed in the US and Europe? That’s not clear; but it’s a platform that Yahoo! can use and develop in a few ways. It may extend Yahoo! Local or it may exist independently. We’ll see.
Stepping back, what the acquisition reflects however is the rise of the “social cityguide,” which integrates PC and mobile with Twitter/Facebook-like update streams and brief reviews (thumbs up + “tips”). Yelp in particular will need to contend from a movement toward shorter content and away from long-form reviews.
I can’t remember who it was I was speaking with but the discussion was of Yelp as the equivalent of a blogging platform for its most active members.
Foursquare, Latitude/Buzz, AT&T Buzz, Gowalla, among others are reflective of this new trend toward a marriage of location, mobility, social and quasi-real time communication or exchange. And as the world of “local” becomes increasingly mobile this trend and the competition will intensify.
These social cityguides are potential successors to traditional sites used for entertainment-related lookups. They probably won’t be used for home services but they could take over for restaurants and select other categories. (Facebook, with its impending location launch, Q&A and Like button is lurking in the background.)
I’m not sure how it’s doing but AT&T Interactive is wise to experiment with a site like Buzz.com for several reasons. For a younger, mobile audience a yellow pages site or app will have difficulty competing with Foursquare, Yelp and this new category of social cityguides.
People often ask me what are the big trends I’m seeing in local. Well . . . this is one of them.