Telenav Driving the Automotive Industry – Accelerating Towards a Future of Connected Cars
TELENAV (TNAV)
Last telenav earnings: 2/6 04:02 pm
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Source: GlobeNewswire
SANTA CLARA, Calif., March 12, 2019 (GLOBE NEWSWIRE) -- Making significant progress toward its strategic goal of creating the world’s largest network of connected vehicles, Telenav®, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services, is pleased to report that a cumulative 11.9-million Telenav-enabled vehicles offering connected services have now been deployed in markets around the globe. The updated total comes after 1.3-million Telenav-enabled vehicles capable of connected services were deployed into the global market during the second quarter of fiscal 2019 (ending Dec. 31, 2018). Additionally, the company recently surpassed 21-million cumulative total vehicles shipped that feature Telenav software or services. “The future of connected cars is here now,” said HP Jin, Telenav Chairman and CEO. “Telenav’s connected-car platform enables our OEM partners to provide an enjoyable, exceptional driving experience. Our newest announced offerings– Amazo
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