Apple’s India map provider surges over 100% as it rivals Google’s product

October 16, 2023

Shares of MapmyIndia, formally known as CE Info Systems Ltd., have risen about 104% from the end of March, adding around $675 million in market value on demand for its consumer-facing app Mappls. Some analysts and investors are betting on the company’s domestic growth opportunity, while others view its price tag as a barrier.

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