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At 12:00 on June 2, China successfully launched the Geely-01 satellites through a Long March 2-C carrier rocket from the Xichang Satellite Launch Center in southwest China's Sichuan Province.
Shanghai-based satellite navigation firm Insight Position completed an A+ financing round on Friday worth tens of millions of yuan.
Alibaba-backed AutoNavi on Thursday held a brand upgrade conference in Beijing, launching a brand-new slogan "AutoNavi covers everything you need".
The mapping division of Chinese internet giant Baidu has been merged into the Intelligent Driving Group (IDG), instead of being overseen by Baidu's CTO Wang Haifeng.