IKEA invests in what3words

Source:jjgle.com

IKEA announced that it will invest US$16 million in map positioning company what3words.

On March 22, IKEA announced that it would invest US$16 million in map positioning company what3words.


What3words translates into a three-word address in Chinese, is a simple positioning system application, and currently provides services for Mercedes-Benz and other companies. Outsiders believe that IKEA's move is to help IKEA optimize its logistics system through what3words' research on map positioning.








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