Tencent, the Chinese internet investment company, NavInfo, the Chinese digital mapping company and GIC, Singapore’s sovereign wealth fund, have bought 10% of HERE, the digital mapping company which Nokia sold to Audi, BMW and Daimler-Benz for $3 billion last year. The price is not disclosed. The three German car makers will reduce their stakes equally ...
Read full article: Audi/BMW/Daimler sell 10% stake in HERE to China and Singapore
from Electronics Weekly http://www.electronicsweekly.com/news/business/audibmwdaimler-sell-10-stake-china-singapore-2016-12/
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