Ride-sharing company Uber reportedly has submitted a bid of up to $3 billion to acquire Nokia’s Here maps service. Several Here suitors have surfaced since April, when Nokia made known its intent to sell the service, including Facebook, Google, and a consortium of German automakers and Chinese search engine Baidu. The biggest threat to Uber’s bid may be that consortium, composed of Audi, BMW, Mercedes-Benz and Baidu. However, Uber also has a lot to gain from acquiring Here.
Uber Wants to Get Off Google's Maps
Posted by: Quinten Plummer May 8, 2015 03:52 PMRide-sharing company Uber reportedly has submitted a bid of up to $3 billion to acquire Nokia’s Here maps service. Several Here suitors have surfaced since April, when Nokia made known its intent to sell the service, including Facebook, Google, and a consortium of German automakers and Chinese search engine Baidu. The biggest threat to Uber’s bid may be that consortium, composed of Audi, BMW, Mercedes-Benz and Baidu. However, Uber also has a lot to gain from acquiring Here.