Market Overview

AutoNavi Reaches 100M Users for its Mobile Map App in China

AutoNavi Holdings (NASDAQ: AMAP) announced that its free mobile map application ("app") has surpassed 100 million users as of today. According to a report issued today by Analysys International, an independent market research firm, AutoNavi joins only five other Chinese companies with mobile applications of greater than 100 million users. The other companies are Tencent, Alibaba Group, Qihoo 360, SINA Corporation and UCWeb.

"This achievement is an important milestone for our Company. We are thrilled that AutoNavi's mobile map app has joined such a premier group of popular applications," said Mr. Congwu Cheng, chief executive officer of AutoNavi. "We are proud and gratified that so many users choose and enjoy AutoNavi's mobile map app in fulfilling their navigation and location-based service needs. The popularity of our map app also reflects the remarkable extent to which location-based solutions have become part of the daily life of China's mobile Internet users."

AutoNavi's free mobile map app integrates the Company's digital map database with complementary content from vertical service providers, offering end users location-relevant information and services. The app

See full press release

Posted-In: News Guidance Management Global

 

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