Which of the following statements about Foursquare is not true?
A)Foursquare combines a social network business model with location-based technology.
B)Foursquare has struggled to find profitability.
C)From 2014 to 2017, Foursquare's revenue doubled on a year-to-year basis.
D)Foursquare has decided to refocus its effort on developing a subscription-based revenue model.

Question

Quizplus · Accepted Answer

Foursquare did not specifically refocus on a subscription-based revenue model; instead, it has focused on leveraging its location data for enterprise solutions and advertising.

Which of the Following Statements About Foursquare Is Not True