Mediaboss Marketing

The Nextdoor app is the ultimate way to network with your neighbours. Neighbourhood landgrab

Back in the UK, Nextdoors growth shows little signs of slowing down. After launching just 4 months ago, this week the company will acquire Streetlife, the current UK market leader.

Social networking is all about scale and competing networks make it harder for people to know which one to use. Its why Facebook worked so hard to become the de facto network for university students andexploded in popularity.

After buying Streetlife, Nextdoor will gain 1m users, cementing its position as the leading local network in the UK.

There are plenty of other smaller networks up and down the country, mostly run by volunteers, using existing platforms like Ning or old-fashioned discussion boards.

But nothing else rivals Nextdoors ambitions when it comes to building a business.

Despite taking over $200m of investor cash, the app has yet to make a penny until now.

Just like local newspapers of the past, Nextdoor is building the ultimate platform with a targeted audience.

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Nosey neighbours the next billion dollar social network is on your street - The Memo