Chinese investors buy stake in mapping firm HERE | Reuters (Dec 27, 2016)

HERE is Nokia’s former mapping division, which was sold to a consortium of carmakers in 2015. China is one of the most important markets for carmakers and an important new market for HERE’s map data too, so this seems a great strategic fit. And it also allows the Chinese backers access to global mapping and navigation data, which will be useful in their expansion outside China.

via Chinese investors buy stake in mapping firm HERE | Reuters

The company, topic, and narrative tags below will take you to other posts with the same tags. The narrative link(s) will also take you to the narrative essay which provides additional context behind the post.

• HERE
• Tencent

• Cars
• China
• Mapping

• Chinese Expansion

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