Uber submits $3 billion bid for HERE Maps amid high demand from German car makers
Yesterday, we reported how top three German producers, namely BMW, Audi and Mercedes, were pitching tent to buy Nokia’s highly rated HERE navigation platform. Today, the app seems to have gotten one more serious suitor as taxi-hailing service Uber, joins the race by submitting a $3 billion bid.
The American international company headquartered in San Francisco, California registered an official request during the week and hopes the buyout of HERE Maps will help relief dependency on Google Maps.
At the end of 2015 Q1, Nokia saw HERE Maps bring in a 162-euro profit, a morale-boosting 20 percent increase which helped to bolster the company’s economy during it’s (still-going) struggling times.