Mail.ru Buys Maps.Me To Integrate Crowdsourced Maps Into Its My.com App Portal

TechCrunch

Mail.ru — the Russian internet giant with 100 million users of its mail, social networking (it now owns VK.com) and other web-based services — has made an acquisition that will start to bring navigation and location-based services into the mix. It has acquired Maps.Me, a maker of map apps and other navigation services based on OpenStreetMap data and with the ability to work offline.

The company will be integrating Maps.Me into its my.com platform — which Mail.ru launched last year to build and market mobile and web apps to an audience outside of Russia. My.com has to date already launched mail, chat and gaming apps.

The terms of the deal were not disclosed. Maps.me had 1.8 million active users, with many of them contributing to the maps database. Overall more than 7 million users have downloaded Maps.Me since its release in 2011.

The startup itself was bootstrapped and headquartered in Zurich, Switzerland and Minsk, Belarus…

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