Uber Submits Bid of Up to $3 Billion for Nokia Maps, NYT Reports

Uber Technologies Inc. has submitted a bid for HERE, Nokia Oyj’s maps business, for as much as $3 billion, the New York Times reported, citing people familiar with the matter.

The Uber offer is competing with one in the works from a group of German automakers, including BMW, Audi and Mercedes-Benz, which are teaming up with Chinese Internet search engine Baidu Inc. on the bid, the Times reported.