HERE Technologies Retains #1 Ranking in Omdia's 2025 Location Platform Index
- Industry Leadership: HERE Technologies has once again been ranked #1 in Omdia's 2025 Location Platform Index, reflecting its ongoing innovation and strategic partnerships that solidify its leadership in the rapidly evolving location technology market.
- Strategic Partnership: The $1 billion, 10-year alliance with AWS powers the SDV Accelerator, enabling a 70% increase in vehicle development speed and a 30% reduction in R&D costs, which will drive innovation and efficiency in the automotive sector.
- Global Expansion: Strategic partnerships with automotive leaders in China (Amap AutoNavi), India (Genesys International), and OEMs like BMW and Sony Honda Mobility enhance HERE's market presence and strengthen its position within the global automotive ecosystem.
- AI Innovation: HERE deploys advanced AI in its mapmaking and customer offerings, launching the SceneXtract solution that uses generative AI and NLP to automate scene generation for advanced driver assistance and automated driving, showcasing its forward-thinking approach in smart transportation.
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- Partnership Expansion: HERE Technologies and Hyundai AutoEver have announced the expansion of their online navigation partnership, providing real-time map content that enhances travel experiences for Hyundai, Kia, and Genesis vehicles.
- Data Update Efficiency: By leveraging HERE's highly accurate map data, Hyundai AutoEver has reduced its map data update cycle by over fivefold, enabling more accurate and timely navigation guidance for new roads and updated information, significantly enhancing driving safety.
- Market Leadership: According to Counterpoint Research, HERE has ranked No. 1 in the global location platform market for eight consecutive years, further solidifying its leadership position in the automotive industry and driving the development of software-defined vehicles.
- Future Development Plans: Hyundai AutoEver plans to evolve its online navigation service into a streaming navigation solution using HERE's APIs and SDKs, supporting automated driving functions and enhancing convenience and user experience for drivers.

- Industry Leadership: HERE Technologies has once again been ranked #1 in Omdia's 2025 Location Platform Index, reflecting its ongoing innovation and strategic partnerships that solidify its leadership in the rapidly evolving location technology market.
- Strategic Partnership: The $1 billion, 10-year alliance with AWS powers the SDV Accelerator, enabling a 70% increase in vehicle development speed and a 30% reduction in R&D costs, which will drive innovation and efficiency in the automotive sector.
- Global Expansion: Strategic partnerships with automotive leaders in China (Amap AutoNavi), India (Genesys International), and OEMs like BMW and Sony Honda Mobility enhance HERE's market presence and strengthen its position within the global automotive ecosystem.
- AI Innovation: HERE deploys advanced AI in its mapmaking and customer offerings, launching the SceneXtract solution that uses generative AI and NLP to automate scene generation for advanced driver assistance and automated driving, showcasing its forward-thinking approach in smart transportation.
- Significant Revenue Growth: Here Group reported Q1 FY 2026 revenue of RMB 127.1 million (approximately $17.9 million), representing a robust 93.3% increase from Q4 FY 2025, showcasing the company's strong performance and successful strategic transformation in the pop toy market.
- Improved Net Loss: The net loss for Q1 was RMB 25.8 million ($3.6 million), an increase from RMB 21.8 million in the previous quarter, reflecting ongoing financial challenges and the investment needs during the company's transformation process.
- Gross Margin Increase: The gross margin rose to 41.2% in Q1 from 34.7% in the prior quarter, indicating strong performance in the pop toy business model and enhancing confidence in future profitability.
- Optimistic Future Outlook: The company expects total revenues for FY 2026 to range between RMB 750 million and RMB 800 million, demonstrating confidence in the pop toy market and laying the groundwork for international expansion.
- Significant Revenue Growth: Here Group reported Q1 FY 2026 revenue of RMB 127.1 million (US$ 17.9 million), representing a robust 93.3% increase from Q4 FY 2025, indicating strong recovery and effectiveness of the company's strategic transformation in the pop toy market.
- Net Loss Management: The net loss for Q1 was RMB 25.8 million (US$ 3.6 million), an increase from RMB 21.8 million in the previous quarter, reflecting ongoing challenges during the transition and the need for further cost optimization.
- Gross Margin Improvement: The gross margin increased from 34.7% to 41.2% this quarter, demonstrating the success of the company's pop toy business model, which enhances its market competitiveness and profitability.
- Optimistic Future Outlook: The company expects total revenues for FY 2026 to range between RMB 750 million and RMB 800 million, showcasing confidence in the pop toy market and plans to achieve sustainable growth through IP development and omnichannel expansion.
Revenue Growth: Burning Rock's revenue increased by 2.3% in the third quarter, primarily driven by a significant rise in R&D services, despite declines in its core cancer diagnostic products.
Stock Performance: The company's stock has tripled this year, with a notable 33% increase following its latest earnings report, reflecting investor optimism about its high gross margins and potential path to profitability.
Financial Challenges: Despite the revenue growth, Burning Rock continues to face high operating expenses, which accounted for 87% of its revenue, leading to a net loss that, while narrowed, still indicates ongoing financial struggles.
Market Position: The company has received approval for some products in Japan as companion diagnostics, but its global revenue remains weak, highlighting the uncertainty surrounding its growth prospects compared to other successful Chinese stocks.








