The owners of CityMap call it one of the most social and most monetizable maps in the world. With a new expansion plan announced this week, the app—which launched in 2012 with a map of every shop in New York City—is going global.
"Citymaps, which launched in 2012 as a map of every shop in New York City—and eventually evolved into a social map complete with recommendations from friends—is now officially global," reports Matthew Flamm. "On Thursday the company announced its worldwide expansion and a $6 million funding round that has supported its mapping effort over the past year."
Citymaps is most recognizable for its license with the NYC Taxi & Limousine Commission for NYC Map, the interactive mapping service available in New York taxis. According to Flamm, CityMap "[is] now planning to launch a native-advertising program that would allow merchants to market themselves to users." Such revenue streams make CityMap, according to the claims of founder and CEO Elliot Cohen, one of the most monetized (and monetizable) maps in the world.
FULL STORY: First stop, NYC. Next stop, everywhere else.
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
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HUD's Office of Policy Development and Research
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