AutoNavi Revenue $23.1M in Q1 2014, Down 33%

Chinese digital map and LBS vendor Autonavi – which is finalizing its acquisition by Alibaba for $1.5 billion – has disclosed last week its financial results for the first quarter 2014 which amount to a revenue of $23.1 million, compared to $34.3 million in the first quarter of 2013.

Net loss was $46.0 million in the first quarter of 2014…