Here Maps is expanding to China with the help of new investors
Here, the mapping company owned by German automakers Audi, BMW and Daimler, plans to bring its products and services to China. To make that happen, it has enlisted the help of three new Asian investors: Chinese internet giant Tencent, digital map provider NavInfo and Singaporean investment firm GIC. They’re acquiring a 10 percent stake in Here together, and they’re tweaking the company’s products to make them ready for the Chinese market.
See more here: Here Maps is expanding to China with the help of new investors
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