Uber Bids on Mapping Service Here

BIDDING WAR

Updated Apr. 14, 2017 11:00AM EDT / Published May 07, 2015 10:14PM EDT

Sergio Perez/Reuters

Uber has reportedly bid as much as $3 billion on digital mapping service Here, the New York Times reported Thursday, citing three people familiar with the offer. The Nokia-owned service is the main competitor to Google Maps and is expected to announce the sale of its mapping business by the end of May. A consortium of German automakers including BMW, Audi and Mercedes-Benz are reportedly teaming up with Chinese search engine Baidu on a bid, according to two people, while another bid from an undislosed private equity firm has also been submitted.

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Uber Bids on Mapping Service Here

Sergio Perez/Reuters