AutoNavi Holdings Limited



Quote for AutoNavi Holdings Limited

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AMAP
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NASDAQ
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Summary for AutoNavi Holdings Limited

AutoNavi Holdings Limited (AutoNavi), through its subsidiaries is primarily engaged in providing digital map content, navigation and location-based solutions in the People's Republic of China (PRC). The Company's core business is a nationwide digital map database that covers approximately 3.1 million kilometers of roadway and over 17 million points of interest across China. In addition, AutoNavi has completed three-dimensional (3-D) navigation maps of key areas in 44 major cities and photo-realistic 3-D models of 20 cities for public sector projects. It derived its revenues primarily from licensing its digital map data and navigation solutions for use in in-dash navigation systems for automobiles and for use in aftermarket navigation devices, including dealer option navigation systems and portable navigation devices. On March 24, 2011, it acquired Shanghai eTag Information Technologies Limited (eTag). In February 2012, TomTom NV and the Company introduced HD Traffic.