Deal focus: AIpark keeps an eye on the streets
AIpark founder Jun Yan claims there are five million street parking spaces in China's 100 largest cities that could use his car parking management system. A Gaorong Capital-led Series C round will help him reach them
On-street parking is a perennial headache for city authorities in China. Misbehavior is widespread: cars occupying spaces for entire days despite two-hour usage limits; non-payment of parking fees; leaving...
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