Just heard from my mega collaborator Justin Yan, now working in Alibaba, that his lab mates won the 1st place in the Yelp! business prediction contest. The team is composed of students from the Chinese Academy of Science, headed by Yuyu Zhang.
Brief solution method is explained here (see middle post from Brick Mover).
I will try to extract some additional tips from the winning team and report them here soon.
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