Yahoo Buys an Indonesian Mobile Internet Company

Yahoo has bought, an Indonesian mobile location-based-services Web company similar to Foursquare in the U.S.

The purchase gives Yahoo an expert in location-based mobile services, including helping people find nearby local businesses complete with reviews, on their mobile phones, as well as seeing where friends are and what they’re doing, and more.

According to the announcement,Yahoo had reportedly been seeking a deal for New York City-based Foursquare valued at over US$100 million.

The company said in a statement,Yahoo bought Koprol because people are increasingly using mobile devices to access the Internet.

Yahoo plans to introduce Koprol in new markets, but did not say when.

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