AutoNavi's Free Mobile Map App Tops 100 Million Users in China
14 1월 2013 - 6:30PM
AutoNavi Holdings Limited ("AutoNavi" or the "Company")
(Nasdaq:AMAP), a leading provider of digital map content and
navigation and location-based solutions in China, announced that
its free mobile map application ("app") has surpassed 100 million
users as of today. According to a report issued today by Analysys
International, an independent market research firm, AutoNavi joins
only five other Chinese companies with mobile applications of
greater than 100 million users. The other companies are Tencent,
Alibaba Group, Qihoo 360, SINA Corporation and UCWeb.
"This achievement is an important milestone for our Company. We
are thrilled that AutoNavi's mobile map app has joined such a
premier group of popular applications," said Mr. Congwu Cheng,
chief executive officer of AutoNavi. "We are proud and gratified
that so many users choose and enjoy AutoNavi's mobile map app in
fulfilling their navigation and location-based service needs. The
popularity of our map app also reflects the remarkable extent to
which location-based solutions have become part of the daily life
of China's mobile Internet users."
AutoNavi's free mobile map app integrates the Company's digital
map database with complementary content from vertical service
providers, offering end users location-relevant information and
services. The app works with all major smartphone operating
systems, and also provides user-access through mobile browsers. Key
features include, among other things, online navigation,
personalized and optimized routing information, estimated arrival
time, real-time traffic information with user-generated content,
traffic broadcasts, interoperability with SINA's Weibo app, 3D
views.
Users can download AutoNavi's free mobile map app at
www.amap.com, as well as through all the major app stores in
China.
About AutoNavi Holdings Limited
AutoNavi Holdings Limited (Nasdaq:AMAP) is a leading provider of
digital map content and navigation and location-based solutions in
China. At the core of its business is a comprehensive nationwide
digital map database that covers approximately 3.6 million
kilometers of roadway and over 20 million points of interest across
China. Through its digital map database and proprietary technology
platform, AutoNavi provides comprehensive, integrated navigation
and location-based solutions optimized for the Chinese market and
users, including automotive navigation solutions, mobile
location-based solutions and Internet location-based solutions, and
public sector and enterprise applications. For more information on
AutoNavi, please visit http://www.autonavi.com.
The AutoNavi Holdings Limited logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=16204
Forward Looking Statements
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended. These forward-looking statements
can be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "confident" and similar statements. Among other
things, the quotations from management in this press release, as
well as AutoNavi's strategic and operational plans, contain
forward-looking statements. AutoNavi may also make written or oral
forward-looking statements in its reports filed with or furnished
to the U.S. Securities and Exchange Commission, in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about AutoNavi's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: AutoNavi's ability to adequately maintain
and update its digital map database and minimize errors in its
solutions; its current reliance on the automotive navigation market
and a small number of customers for a substantial portion of its
revenues; the project-based nature of its public sector and
enterprise applications business; its limited operating history in
the mobile/Internet location-based solutions markets; compliance
with a complex set of laws, rules and regulations governing its
surveying and mapping and other businesses in China; competition in
the navigation and location-based solutions businesses in China;
and its ability to manage its growth effectively and efficiently.
Further information regarding these and other risks is included in
AutoNavi's annual report on Form 20-F as well as in its other
filings with the Securities and Exchange Commission. All
information provided in this press release is current as of the
date of the press release, and AutoNavi undertakes no duty to
update such information, except as required under applicable
law.
CONTACT: For investor and media inquiries please contact:
In China:
Serena Shi
AutoNavi Holdings Limited
Tel: +86-10-8410-7883
E-mail: serena.shi@autonavi.com
Derek Mitchell
Ogilvy Financial, Beijing
Tel: +86-10-8520-3073
E-mail: amap@ogilvy.com
In the U.S.:
Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
E-mail: amap@ogilvy.com
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