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Confidential
©
Foursquare
2023
How Foursquare
Builds Meaningful
Bridges Between
Physical Places and
Digital Spaces
Ilija Duni, iduni@foursquare.com
Head of Foursquare Serbia
Confidential
©
Foursquare
2023
What is FSQ?
Confidential
©
Foursquare
2023
3
Geo Social
Networking app
in 2009.
The leading
location
technology
platform in 2023,
with privacy first
approach.
550+
Integrated partners
16B+
Human-verified check-ins
200M+
Points of interest
450+
Employees worldwide
#1
Largest first-party panel
100%
Top 50 national advertisers
#1
Best in Enterprise APIs at the 2021 & 2022 API Awards
Confidential
©
Foursquare
2023
Visits to sit-down restaurants are stabilizing across regions
Chart illustrates indexed foot traffic to casual dining chains by region, where visits on February 19, 2020
is 100. We’ve used rolling 7 day averages to account for fluctuations by day of the week.
[Section title]
Visits to casual dining
restaurants have remained
roughly stable in recent weeks
— down 29-31% in the Midwest
and South, but down 44% in the
West as of August 21
Visits to casual dining
restaurants has continued to
pick up slightly in the
Northeast in recent weeks — down
37% as of August 21 (vs. down
40% the week prior)
Casual dining visits started to
drop dramatically around March
13, as U.S. declared a National
Emergency
Confidential
©
Foursquare
2023
We Translate
Raw Signals into
Meaningful Data
About Places and
the Movement
Between Them
Confidential
©
Foursquare
2023
We Face Many Challenges
Data Acquisition
We supplement the first
party (1P) data collected
from O&O apps by
purchasing third party (3P)
data from other providers
But 3P data quality is not on
par with our 1P data
Privacy Concerns
There has been a general
trend of increasing concerns
for data privacy, both from
OS platforms and app users
👍 for the society
👍 for the businesses
Ground Truth
Many businesses require our
data to match the so-called
"ground truth"
A lot of obstacles to acquire
transaction data and
difficulty to normalize to it
because of intrinsic biases in
different datasets
Model Evaluation
Machine Learning models
are usually measured and
calibrated using labelled data
Lack of open-source industry
standard dataset for
evaluation and shared
models to use
Confidential
©
Foursquare
2023
Use Cases
Turkey Earthquakes
● 7.8 Magnitude Earthquake strikes February 6th
● Contacted by a community leader from Humanitarian
OSM ( US-based non-profit)
● Asked for access to enterprise features, such as
Annotations
● Used for analysis of building damage and overall
analysis
Confidential
©
Foursquare
2023
Use Cases
Maui Fire
● FEMA (Federal Emergency Management Agency )
expressed interest in how our tools can be used to
assist in the Maui wildfires
● Where did people go? Which businesses are affected?
● Brought data to life with GIS
○ “Follow the herd”, parcels at risk
Confidential
©
Foursquare
2023
Thank you

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  • 1. Confidential © Foursquare 2023 How Foursquare Builds Meaningful Bridges Between Physical Places and Digital Spaces Ilija Duni, iduni@foursquare.com Head of Foursquare Serbia
  • 3. Confidential © Foursquare 2023 3 Geo Social Networking app in 2009. The leading location technology platform in 2023, with privacy first approach. 550+ Integrated partners 16B+ Human-verified check-ins 200M+ Points of interest 450+ Employees worldwide #1 Largest first-party panel 100% Top 50 national advertisers #1 Best in Enterprise APIs at the 2021 & 2022 API Awards
  • 4. Confidential © Foursquare 2023 Visits to sit-down restaurants are stabilizing across regions Chart illustrates indexed foot traffic to casual dining chains by region, where visits on February 19, 2020 is 100. We’ve used rolling 7 day averages to account for fluctuations by day of the week. [Section title] Visits to casual dining restaurants have remained roughly stable in recent weeks — down 29-31% in the Midwest and South, but down 44% in the West as of August 21 Visits to casual dining restaurants has continued to pick up slightly in the Northeast in recent weeks — down 37% as of August 21 (vs. down 40% the week prior) Casual dining visits started to drop dramatically around March 13, as U.S. declared a National Emergency
  • 5. Confidential © Foursquare 2023 We Translate Raw Signals into Meaningful Data About Places and the Movement Between Them
  • 6. Confidential © Foursquare 2023 We Face Many Challenges Data Acquisition We supplement the first party (1P) data collected from O&O apps by purchasing third party (3P) data from other providers But 3P data quality is not on par with our 1P data Privacy Concerns There has been a general trend of increasing concerns for data privacy, both from OS platforms and app users 👍 for the society 👍 for the businesses Ground Truth Many businesses require our data to match the so-called "ground truth" A lot of obstacles to acquire transaction data and difficulty to normalize to it because of intrinsic biases in different datasets Model Evaluation Machine Learning models are usually measured and calibrated using labelled data Lack of open-source industry standard dataset for evaluation and shared models to use
  • 7. Confidential © Foursquare 2023 Use Cases Turkey Earthquakes ● 7.8 Magnitude Earthquake strikes February 6th ● Contacted by a community leader from Humanitarian OSM ( US-based non-profit) ● Asked for access to enterprise features, such as Annotations ● Used for analysis of building damage and overall analysis
  • 8. Confidential © Foursquare 2023 Use Cases Maui Fire ● FEMA (Federal Emergency Management Agency ) expressed interest in how our tools can be used to assist in the Maui wildfires ● Where did people go? Which businesses are affected? ● Brought data to life with GIS ○ “Follow the herd”, parcels at risk