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Uber Bids for Nokia Maps, NYT Reports

Uber Bids for Nokia Maps, NYT Reports

Enterprise & IT May 8,2015 0

Uber Technologies has submitted a $3 billion bid for HERE, Nokia?s maps business, the New York Times reported. The offer is the latest for Nokia's business, as a group of German automakers, - BMW, Audi and Mercedes-Benz- are teaming up with Chinese Internet search engine Baidu on the bid, the Times added.

Nokia is seeking to sell HERE as it focuses on boosting growth at its wireless-network unit and improving its debt rating, Bloomberg reported last month.

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