Last $20.94 USD
Change Today +0.08 / 0.38%
Volume 394.6K
AMAP On Other Exchanges
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As of 8:10 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

No 6. Futong East Avenue

Focus Square

16th Floor, Section A

Wangjing, Chaoyang District

Beijing, 100102

China

Phone: 86 10 8410 7000

Fax:

free of charge. As of December 31, 2013, the number of its mobile map application users included approximately 200 million. Pre-installed and Downloadable Navigation Application for Consumers: The company’s navigation application provides users with offline navigable map, voice-guided turn by turn directions and speed cameras. The new version contains various features that have already been embraced by its users, including ‘Place Me’, which enables users to track their driving history and share the information with friend, and a platform within the application that includes various services tailored for drivers. The company offers the first English-language mobile navigation application in the China market. The company offers its mobile navigation services to customers in various ways. It has collaborated with smartphone and tablet computer manufacturers in the Chinese market, such as Samsung, to pre-install its offline navigation solutions on mobile phones and tablet computers. The company has also released a user-end navigation solution in China, which could be downloaded from majority of China’s major application stores, such as iPhone’s online application store. Starting from 2013, it offered its mobile navigation application to both smartphone and tablet computer manufacturers and users for free. As of December 31, 2013, the company’s mobile navigation application had been downloaded and pre-loaded on a total of approximately 98 million smartphones, with the number of monthly active users improving to approximately 10.6 million. Solutions for Mobile Operators: The company provides mobile map and/or navigation solutions to support location-based services offered by mobile operators in China. It develops and operates China Mobile branded navigation application that is pre-installed on China Mobile subscribers’ mobile phones. In addition, it works with China Mobile on certain geographic information system (GIS) projects and location-based projects. The company is also cooperating with China Telecom to provide end-users with a business platform software, which integrates China Telecom’s map data with its point of interest data and supports its location-based mobile navigation business platform, called ‘E Surfing’, across China Telecom’s nationwide network. Its cooperation with China Telecom in relation to the ‘E Surfing’ service is through PDAger. Application Programming Interface (API) Solutions and Internet and Mobile Location-based Services: The company provides Websites access to its digital map database, including access through map API, which enables its customers to embed rich and interactive location-relevant content into their Websites or mobile applications and also provide other location-based services. The map database is stored either on its customers’ servers or on its servers. The company also provides project-based customized services to various customers for a fee. As of December 31, 2013, the company had 1.5 billion daily service requests of its location-based services. In addition, its service is integrated into its MapKit, so that third-party applications that use its built-in mapping and location functionalities would use its service. The company also formed various strategic partnerships with various Chinese Internet companies. It has launched the first location-based social networking service platform with SINA Weibo, enabling interconnection between SINA Weibo and AMAP applications. Its AMAP users are able to sign on using Weibo Connect and access content directly from SINA Weibo, while SINA Weibo users also have access to the content and functionality of AMAP. The company also provides map services to Qihoo 360 and other search engines that allow their users to access and search its location-based content through their personal computers. Furthermore, it extended its mapping service to the Qihoo mobile browser and Easou’s mobile solution. In addition, through www.amap.com, the company’s Internet map portal, it provides Internet users with certain free location-based services, including location-based search, public transportation search, route planning, real-time traffic inf

 

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AMAP

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Valuation AMAP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 8.7x
Price/Book 3.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.3x
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