Two Chinese companies and Singapore’s sovereign wealth fund GIC have agreed to buy a 10 percent stake in a digital mapping company controlled by Germany’s leading carmakers to help them develop self-driving cars.
Chinese digital mapping company NavInfo (002405.SZ), internet group Tencent (0700.HK) and the Singapore fund will invest in mapping company HERE under a deal announced on Tuesday.
Source: Chinese investors buy stake in mapping firm HERE | Reuters
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Chinese investors buy stake in mapping firm HERE | Reuters
Two Chinese companies and Singapore’s sovereign wealth fund GIC have agreed to buy a 10 percent stake in a digital mapping company controlled by Germany’s leading carmakers to help them develop self-driving cars. Chinese digital mapping company NavInfo (002405.SZ), internet group Tencent (0700.HK) and the Singapore fund will invest in mapping company HERE under a […]