|Post IPO Valuation|
|Series A, 10/2006 |
Indus Capital Partners
Funding Global Innovation
Omaha Capital China
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 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 has invested approximately $294 million in this company in May, 2013.