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PublicNasdaq:AMAP
Date7/2010
Raised
Post IPO Valuation
Acquired byAlibaba
Date4/2014
TermsCash and Stock

General Information

Websiteautonavi.com
CategoryTransportation
Phone86-10-59859900
Employees

Offices

Beijing, CHN
18F Daheng Scitech Mansion, South Section
No. 3 Suzhou Street, Haidian District
Beijing, 100080, CHN

People

Co-Founder
Board of Directors

Funding

Tags

AutoNavi

AutoNavi Holdings Limited is the leading provider of digital map content and navigation solutions in China.

The company has built a mobile and Internet location-based service platform that offers its customers and business partners a broad range of location-based solutions serving various aspects of customer needs. This service platform also enables the company to move from a pure business-to-business, or B2B, model to a combined B2B and business-to-consumer, or B2C, model.

At the core of its business is a comprehensive nationwide digital map database that covers approximately 3.6 million kilometers of roadway and over 20 million points of interest across China. Through its digital map database and proprietary technology platform, AutoNavi provides comprehensive, integrated navigation and location-based solutions optimized for the Chinese market and users, including automotive navigation solutions, mobile location-based solutions and Internet location-based solutions, and public sector and enterprise applications.

AutoNavi Holdings Limited has strategic cooperation agreements with TomTom Global Content B.V., and SINA, as well as a strategic alliance with Alibaba Group. The company is headquartered in Beijing, China.

AutoNavi became a public company in a $100 million IPO in mid-2010. Alibaba invested approximately $294 million in this company in May 2013.

Recent Milestones

  • Handshake
    AutoNavi was acquired by Alibaba. (4/13/14)
    Posted 4/13/14 at 7:20pm via benzinga.com
  • Check
    AutoNavi — Autonavi reaches 137 million users of its mobile map app, but investors spooked by shrinking revenues (8/29/13)
    Posted 8/29/13 at 10:35pm via techinasia.com
  • Stock
    Went public with stock symbol Nasdaq:AMAP. (7/1/10)
    Posted 1/5/14 at 3:38am
  • Check
    AutoNavi — Chinese AutoNavi, provider to Bing Maps, files for $100M U.S. IPO (6/10/10)
    Posted 6/13/10 at 9:48pm via venturebeat.com
  • Dollar
    AutoNavi received $40M in Series A funding. (10/1/06)
    Posted 1/4/14 at 1:05am
  • Check
    AutoNavi added Congwu Cheng as Co-Founder.
    Posted 1/4/14 at 6:17am

Videos

Screenshots

AutoNavi screenshot
Above: AutoNavi Screenshot -- #1
Uploaded: 2/11/14

Stock Price

Sources

  1. AutoNavi Enters Into Definitive Agreement to be Acquired by Alibaba Group Read more: http://www.benzinga.com/pressreleases/14/04/g4464587/autonavi-enters-into-definitive-agreement-to-be-acquired-by-alibaba-gro#ixzz2ypLrZbgM (benzinga.com) [edit]
  2. Citation Needed [add]
  3. Chinese AutoNavi, provider to Bing Maps, files for $100M U.S. IPO (venturebeat.com) [edit]
    Autonavi reaches 137 million users of its mobile map app, but investors spooked by shrinking revenues (techinasia.com) [edit]
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Last Edited 4/14/14

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