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Foursquare Launches Promoted Updates, Its Newest Effort To Generate Revenue
Foursquare has partnered with about 20 merchants, from small mom and pop shops to national chains like Best Buy, to launch the pilot program. In the next few months, Foursquare hopes to turn Promoted Updates into a self-service tool merchants of all sizes can use on its platform..... Foursquare's 20 million users are checking in 5 million times per day. Foursquare currently has 120 employees.