SUBSCRIBERS
Uber out of the running to buy Nokia mapping unit: sources
Published Tue, Jul 14, 2015 · 09:50 PM
New York
UBER has made no secret of its global ambitions. The company's plans, however, will not include the multi-billion dollar purchase of Here, the main competitor to Google Maps.
Uber, the ride-hailing service, is now out of the running to acquire Here, according to three people with knowledge of the talks. The company had submitted an offer for Nokia's mapping division this year for as much as US$3 billion.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
China's largest auto show displays all-electric future, local brands dominate
Toyota hits record annual output, sales on robust demand
Nissan, Mazda roll out new models for China as they aim for comeback
VinFast chief plans to invest US$1 billion more from his fortune in EV maker