In April 24th, NavInfo map

On the evening of April 24, NavInfo released investment announcement said it will use its own funds about 296 million yuan investment in Beijing Science and Technology Co., Ltd. mapbar. The investment is completed, NavInfo holds 51% stake in Hongkong four mapbar, holds a 51% stake in BVI picture.

Announcements, NavInfo's Shanghai Fun driving, and leet ANN, T-RIGHT million change as a graph (i.e. mapbar) holding subsidiaries, and the formation of the graph, group, construction of car networking business group. Since last year, two of shareholders accepted Tencent shares NavInfo, is committed to the development of car networking. As China's leading digital map content, car networking and dynamic traffic information service provider, the investment, NavInfo set up independent car networking business group, formed from the end of a map, dynamic content, cloud, application to vehicle system of complete vehicle network ecological industry chain layout. After that, they will be unified to develop strategic planning, product and technology to determine the route of development, focus on resources, improve decision-making efficiency, and quickly respond to changes in user needs and market trends.

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