Chinese investors buy stake in mapping firm HERE

Chinese mapping firm NavInfo , internet group Tencent and Singapore's sovereign wealth fund GIC are buying a 10 percent stake in digital maps company HERE, the latest in a string of Chinese acquisitions in Europe. Germany carmakers Audi , BMW and Daimler bought HERE from Nokia for 2.55 billion euros ($2.6 billion) last year to create an alternative digital mapping business to Google . Nokia bought the company at a time when drivers were starting to switch from navigation devices such as those ma