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Market for Location-Based Services is Heating Up for Startups

By Chris Cameron / May 21, 2010 08:30 AM / Comments

Sure, it may be obvious to point out that location-based services (LBS) are growing in popularity and may be a great gravy train for young entrepreneurs to hop on, but the recent evolution of the platform has broadened the opportunities for startups. With the opening of Google Latitude's API earlier this week and other developments in the mobile space in recent months, the number of niches for startups to fill is quickly expanding.

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