AutoNavi Holdings Limited (NASDAQ: AMAP) is a leading provider of digital map content and navigation solutions in China. It has built a mobile and Internet location-based media and e-commerce platform to offer customers and business partners a broad range of location-based solutions.
The media and e-commerce platform also enables the company to move from a pure business-to-business (B2B) model to a combined B2B and business-to-consumer (B2C) model. At the core of its business is the company's proprietary comprehensive and in-depth nationwide digital map database that covers approximately 3.1 million kilometers of roadway and more than 17 million points of interest across China.
Almost all of China's 1.3 billion people live within the area covered by AutoNavi's digital map database. It has also completed 3-D key-area navigation in 49 major cities and photo-realistic 3-D models of 22 cities for public sector projects.
With its nationwide digital map database and proprietary technology platform, the company has become a market leader in offering comprehensive, integrated navigation and location-based solutions optimized for the Chinese market and users.
Build a Virtual World, Service the Real Life, Create a Harmonious Society
AutoNavi is committed to providing accurate and on-demand information services tailored to the time and location–specific needs of individuals and organizations. Through constant research and development, operations and business strategies, it will grow into a world-class company in the modern information technology industry.
To build a virtual world
The company aims to virtually reproduce and expand the real world, utilizing location-based and time-sensitive information through innovative methods of collection, processing, publishing and application.
To service the real life
AutoNavi provides accurate, timely, complete and interactive services of information to meet the time and location–specific needs of individuals and organizations.
To create a harmonious society
By providing information services to anyone, anywhere, at anytime and on any device, the company helps to open up new market opportunities to various businesses to facilitate production, sharing and communication of information and knowledge, and promote fairness and efficiency of all trades.