trending Market Intelligence /marketintelligence/en/news-insights/trending/f-VSflAFmBo3CeUNSIVT8g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: Amazon eyes stake in digital mapping platform HERE


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain


Fintech Intelligence Newsletter: February 2021


Episode 5: The Future of Work - The World of Workforce Experience and Productivity


Needham & Company is Now Available in the S&P Global Market Intelligence Aftermarket Research Collection

Report: Amazon eyes stake in digital mapping platform HERE

is underdiscussions with the new owners of digital mapping and location servicesplatform HERE for a possible stake acquisition, Reuters reported March 31,citing two auto industry sources familiar with the matter.

Amazon isreportedly eyeing the investment in hopes of securing a bigger deal to providecloud computing services for HERE.

Cloudcomputing will help maintain the accuracy of traffic data relayed on themapping platform, according to the report.

Amazon'splanned expansion of its delivery services across the U.S. and Europe will alsobenefit from the potential deal, through the use of real-time maps for fasterdelivery.

Thee-commerce giant is preparing to roll out a two-hour delivery service inBerlin in May.

CarmakersFord and Renault, as well as auto supplier Continental are also reportedlyinterested in investing in HERE.

AGerman consortium comprising AUDI AG, BMW Group andMercedes parent Daimler AG bought HERE for €2.5 billion from in 2015.