The Local section on m.bing.com help you find the locations. Using GPS on your phone, Bing shows you a list of suggestions based their popularity, your location, and time of day. You can choose radius for your search, narrowing to .5 miles for congested areas. Best of all, you can display all listings on a single map. On home screen, click "Local" button. You'll see a list of places nearby. You can dive into a particular category, like Restaurants, or choose to see all local categories.
Find something you like? Save them all to your Favorites using "Save" button. Now click "What's nearby" to find a list of places within a particular distance range. Once you've saved a few local listings, go to Favorites page (either from a local detail page, or from home page). Select ones you want, and you can see them all on a map, or send an email to friends with all details.