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AutoNavi

autonavi.com

Stage

Acq - P2P | Acquired

Total Raised

$40M

Valuation

$0000 

Revenue

$0000 

About AutoNavi

AutoNavi (高德地图) is a provider of digital map content and navigation and location-based solutions in China. At the core of its business is a nationwide digital map database that covers roadways and points of interest across China. In addition, the company has completed 3-D navigation maps of key areas in major cities and photo-realistic 3-D models of cities for public sector projects. AutoNavi has also built a technology platform that enables us to develop tailored solutions for customers.

Headquarters Location

16 F, Secion A, Focus Square No 6, Futong East Ave, Wangjing, Chawoyang District

100102,

China

86-10) 8410-7016

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Research containing AutoNavi

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned AutoNavi in 1 CB Insights research brief, most recently on Jul 16, 2020.

Expert Collections containing AutoNavi

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

AutoNavi is included in 1 Expert Collection, including Auto Tech.

A

Auto Tech

2,427 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

AutoNavi Patents

AutoNavi has filed 1 patent.

The 3 most popular patent topics include:

  • Air navigation service providers
  • Air traffic control
  • Global Positioning System
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/19/2022

Air navigation service providers, Air traffic control, Global Positioning System, Web mapping, Navigation

Application

Application Date

9/19/2022

Grant Date

Title

Related Topics

Air navigation service providers, Air traffic control, Global Positioning System, Web mapping, Navigation

Status

Application

Latest AutoNavi News

Alibaba to Merge Restaurant Review Business into Map App AutoNavi

Mar 23, 2023

Pandaily Chinese e-commerce giant Alibaba plans to merge its restaurant review business (previously known as Koubei) with its AutoNavi map app, according to a report by local media outlet LatePost on March 22. Yu Yongfu, who is a partner at Alibaba , as well as the President of the company’s life service sector and the Chairman of AutoNavi, stated that the organizational changes were a strategy to facilitate business growth. The decision to merge Alibaba ‘s restaurant review business with AutoNavi was announced in a meeting on March 22. The meeting, which exceeded its planned duration of 45 minutes, did not address specific issues such as the course of the Koubei team after the merger or how Koubei-related business will be implemented by AutoNavi. In the upcoming quarter, AutoNavi and Koubei will explore how to integrate and determine the key direction of development after an initial run-in period. There have been no changes in stock holding or salary for Koubei’s team members for the time being. Koubei, a local lifestyle website founded in 2004 by former Alibaba employee Li Zhiguo, had an initial short-lived run. Alibaba acquired Koubei and merged it with Yahoo China and Taobao, but the platform failed to attract a significant user base. Following the failure of Koubei, Alibaba pursued other opportunities in the local lifestyle business. In 2013, Lu Zhaoxi, then CEO of Alibaba , launched the restaurant and food app “Taodiandian,” using various “shopping festivals” to attract users. However, the platform struggled to compete with rivals Meituan and Ele.me in terms of the selection of merchants and quality of service. As a result, Koubei was relaunched in 2015 with the goal of competing against Meituan and helping Alipay promote offline payment. acquired the food delivery company Ele.me, Koubei was relegated to a lesser role in the local lifestyle business, mainly focusing on restaurant reviews. In early 2022, LatePost reported that Koubei’s catering business coverage shrank from 40 cities to just 11 cities. Koubei has faced challenges in its development, while AutoNavi has experienced steady growth to become one of Alibaba ‘s most successful businesses in recent years. Investor Conference in late 2021, Yu expressed his belief that maps are the most effective tool for navigating the real world. He expressed his hope that AutoNavi could be leveraged to enable users to find food, clothing, housing, and transportation options. This would include not only locating refueling and charging stations but also discovering restaurants and booking hotels through the map feature. After Koubei is merged into AutoNavi, there may be increased potential to experiment with additional business ventures. On March 21, Starbucks launched a brand-new retail channel in China called “Starbucks Curbside” through its collaboration with AutoNavi, providing orders to customers on the go.

AutoNavi Frequently Asked Questions (FAQ)

  • What is AutoNavi's latest funding round?

    AutoNavi's latest funding round is Acq - P2P.

  • How much did AutoNavi raise?

    AutoNavi raised a total of $40M.

  • Who are the investors of AutoNavi?

    Investors of AutoNavi include Alibaba Group, Kleiner Perkins Caufield & Byers, Walden International, Legend Capital and HongShan.

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