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Maps.me
Original author(s)Yury Melnichek, Alexander Borsuk, Viktor Govako, Siarhei Rachytski
Developer(s)MapsWithMe GmbH, My.com
Initial release2011
Stable release
12.0.1[1] / January 15, 2021; 3 years ago (2021-01-15)
Written inC++, Objective-C, Java
Operating systemAndroid, iOS, BlackBerry
Size137 MB Android[2] / 407 MB iOS[3]
LicenseApache License 2.0[4]
Websitemaps.me

Maps.me (styled as MAPS.ME) is an online to offline mobile mapping application for Android and iOS allowing users to access maps on their phone when they don't have an internet connection. It uses OpenStreetMap data and has a reported 60 million active users and 140 million downloads.[5] Maps.me is owned by Daegu Limited, a member of Parity.com Group.[6]

On January 18, 2021, it raised US$50 million dollars in a funding round, led by Sam Bankman-Fried’s Alameda Research, to integrate decentralized finance (DeFi) into its platform.[7] On September 18, 2022, Maps.me announced the launch of a mobile app wallet with a prepaid Mastercard in partnership with Monavate.[8]

History

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Maps.me was founded by Yury Melnichek, Alexander Borsuk, Viktor Govako and Siarhei Rachytski.[9] Under the leadership of Alexander, MapsWithMe onboarded 2.5M users worldwide.[non-primary source needed]

In November 2014, it was acquired by Mail.Ru Group and became part of its My.com brand.[10] In September 2015, the app was open sourced[11] and a free and open-source software version was additionally made available on F-droid.[12]

In November, 2020, Mail.ru Group sold Maps.me to the payment processor Daegu Limited, part of Parity.com Group.[13] Daegu Limited has evolved the application user interface and content.[14][15] In January 2021, a fork was created by a developer community.[16]

MapsWithMe GmbH

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Maps.me was formerly known as MapsWithMe and initially developed by Zurich-based MapsWithMe GmbH with a development office in Minsk.

In 2012, MapsWithMe came in first in the Startup Monthly competition in Vilnius. The team won a nine-week traineeship in Silicon Valley as a prize.[17]

Mail.ru Group

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In November 2014, Maps.me was acquired by Mail.Ru Group for 542 million Russian rubles (approximately US$14 million at that time) to be integrated with My.com, and the app was made free of charge.[18][non-primary source needed] The engineering team was relocated to the Mail.Ru Group office in Moscow to continue working on the project.

In 2019, its revenue amounted to 159 million rubles (US$2.5 million) with an EBITDA loss of 25 million rubles (US$0.39 million).[13][non-primary source needed]

Daegu Ltd and Parity Group

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On November 2, 2020, Daegu Limited bought Maps.me for 1.56 Billion Russian rubles (approximately US$20 million at that time).[19] Daegu Limited is announced to be part of Parity.com Group.[20]

On January 18, 2021, it raised US$50 million dollars in a funding round, led by Sam Bankman-Fried’s Alameda Research, to integrate decentralized finance (DeFi) into its platform[7]. On September 18, 2022, Maps.me announced the launch of a mobile app wallet with a prepaid Mastercard in partnership with Monavate[8].

See also

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References

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  1. ^ "Google Play Store". Retrieved 15 Jan 2021. and "App Store". Retrieved 29 Jan 2021.
  2. ^ "Index of /apk/". maps.me.
  3. ^ "App Store Maps.Me". itunes.apple.com.
  4. ^ "mapsme/omim". GitHub. 9 December 2021.
  5. ^ "SBF leads $50M funding round to bring DeFi to Maps.me's 140M users". Cointelegraph. Retrieved 2022-09-26.
  6. ^ "Mail.ru Group sells MAPS.ME – Company Announcement - FT.com". markets.ft.com. Retrieved 2022-09-26.
  7. ^ a b "SBF leads $50M funding round to bring DeFi to Maps.me's 140M users". Cointelegraph. Retrieved 2022-09-26.
  8. ^ a b PYMNTS (2022-09-06). "Monavate Provides Prepaid Cards for Maps.me". www.pymnts.com. Retrieved 2022-09-26.
  9. ^ "Belarusian startup Mapswithme wins Startup Monthly in LithuaniaGoalEurope". web.archive.org. 2019-03-31. Retrieved 2022-09-26.
  10. ^ Lunden, Ingrid (2014-11-13). "Mail.ru Buys Maps.Me To Integrate Crowdsourced Maps Into Its My.com App Portal". TechCrunch. Retrieved 2022-09-26.
  11. ^ "MAPS.ME source code". GitHub. 9 December 2021.
  12. ^ "Maps". F-Droid. Archived from the original on 2020-11-12.
  13. ^ a b "Mail.ru Group sells MAPS.ME". Retrieved 2020-12-20.
  14. ^ "Maps.me sale to a payment processor removed OpenStreetMap". GitHub.
  15. ^ "Github Issues comment". GitHub.
  16. ^ "Github - Organic Maps". GitHub. 9 December 2021.
  17. ^ "Belarusian startup Mapswithme wins Startup Monthly in Lithuania". 16 April 2012. Archived from the original on 31 March 2019. Retrieved 24 June 2014.
  18. ^ "Mail.Ru Group, One of the Largest Internet Companies in Europe, Acquires MAPS.ME". 13 Nov 2014. Archived from the original on 11 May 2015. Retrieved 9 Dec 2014.
  19. ^ "Mail.ru Group sells MAPS.ME – Company Announcement - FT.com". markets.ft.com. Retrieved 2022-09-26.
  20. ^ "Mail.ru Group sells MAPS.ME – Company Announcement - FT.com". markets.ft.com. Retrieved 2022-09-26.
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Category:Free and open-source Android software Category:IOS software Category:Mobile route-planning software Category:Satellite navigation software Category:OpenStreetMap

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