TOM2 TomTom NV

Huawei Selects TomTom to Power Petal Maps

Huawei Selects TomTom to Power Petal Maps

AMSTERDAM, Oct. 22, 2020 (GLOBE NEWSWIRE) -- TomTom (), the location technology specialist, today announced that Huawei has selected TomTom to fuel its new map application. Petal Maps offers maps, turn-by-turn navigation, traffic information and search. The app comes with the new HUAWEI Mate 40 Series and is available for download on the HUAWEI AppGallery in over 140 countries and regions.

Anders Truelsen, Managing Director, TomTom Enterprise, said: “We are delighted that Huawei continues to recognize TomTom as a global location technology leader, and has chosen to work with us as one of its preferred providers.”

About TomTom

TomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services.

To achieve our vision of a safer world, free of congestion and emissions, we create innovative technologies that keep the world moving. By combining our extensive experience with leading business and technology partners, we power connected vehicles, smart mobility and, ultimately, autonomous driving.

Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide.

For further Information:

TomTom Media:

TomTom Investor Relations:

EN
22/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TomTom NV

TomTom N.V.: 1 director

A director at TomTom N.V. bought 16,224 shares at 5.130EUR and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

 PRESS RELEASE

TomTom maps to support Qualcomm Aware Platform

TomTom maps to support Qualcomm Aware Platform Qualcomm to utilize TomTom’s global map data to assist in providing efficient, secure, and comprehensive asset tracking solutions worldwide.Combining Qualcomm’s broad array of connected devices and TomTom’s mapmaking expertise provides a fully integrated, flexible platform to meet various asset visibility needs and address the most challenging use cases across industries. AMSTERDAM, April 30, 2024 (GLOBE NEWSWIRE) -- TomTom () the location technology specialist today announced it has been selected by a global leader in wireless technology...

Marc Hesselink ... (+3)
  • Marc Hesselink
  • CFA
  • Thymen Rundberg

TomTom/Binary outcome/HOLD

We see a binary outcome for the TomTom investment case. The company highlights commercial traction with the new Orbis map platform but we did not see tangible proof of this yet. Given the high fixed cost base and consequently high operational leverage this commercial traction is key and is the difference between low growth or high growth and cash generation. We remain in the middle but believe that the current 2025 ambition is too demanding. We reiterate our HOLD and cut our target price to €6.0...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

ASML: 1Q24 Results; weak orders but case intact. CM.com: Reasonable 1Q24 trading update, positive EBITDA surprise. Just Eat Takeaway.com: 1Q24 trading update - slowly creeping back to order growth. Staffing: Dutch period 3 - March volume and revenue seeing slight recovery in the trend. TomTom: 1Q24 results - touch weaker but no major surprises

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

ASML: Preview 1Q24 – Building momentum. Fastned: Preview 1Q24 trading update. TomTom: Preview 1Q24, limited changes vs FY23. Xior Student Housing: Final formal step for the Basecamp deal

ResearchPool Subscriptions

Get the most out of your insights

Get in touch