Investment News｜Ketuo announced that it has obtained a shareholding from Tencent to create a new pattern of smart parking market

According to news from the investment community (ID: pedaily2012), Xiamen Ketop Communication Technology Co., Ltd. ("Ketop"), a domestic smart parking company, recently announced that it has acquired a stake from Tencent, and both parties will work together to create a new pattern in the smart parking market.

It is reported that Tencent’s investment in Ketuo Co., Ltd. is due to the rapid development of WeChat payment in the smart parking O2O scenario brought about by the company’s “parking lot operation management services” and “speed parking” business.

In 2014, Ketuo Co., Ltd. and Tencent became involved for the first time and officially launched the smart parking application platform "Speed Parking" on WeChat, successfully opening up the channel for car owners and parking lot information, becoming the first smart parking company in the country to cooperate with WeChat, and jointly with Xiamen Yuzhou World Trade Mall has built the first WeChat smart parking lot in China that supports WeChat payment for parking fees, setting a precedent for domestic WeChat payment for parking fees. Users can not only check the parking spaces in the parking lot anytime and anywhere through "Quick Parking" and learn about the vacancies, but can also use their mobile phones to directly check the parking location of the vehicle when leaving the parking lot, and pay quickly through WeChat payment, which is convenient, fast, and saves time and effort.

Nowadays, the number of parking lots served by "Express Parking" has reached tens of thousands, with nearly 4 million users following it. From 2016 to 2017, the growth rate of WeChat payment in parking lots connected to "Express Parking" reached 10 times, and the average daily WeChat payment transactions Both volume and transaction value are at the leading position in the industry. At present, "Speed Parking" is also working with WeChat Pay to create a "no-touch payment parking lot", striving to improve the industry's traffic efficiency and tap more commercial value in car owners' travel scenarios.

In the smart parking industry, Ketuo Co., Ltd. has developed products such as video card-free charging, parking space guidance, parking space detection, and video reverse car search. Among them, the video card-free charging system uses the country's leading video recognition technology to realize the transformation of traditional card swiping. Subversion of the management model. The "full video smart parking" comprehensive solution formed by the combination of the video card-free charging system and the parking lot car finder system is the first time that the "smart parking lot" has been transformed from concept into reality, occupying a leading position. With a majority of the market share, it has become the most competitive product of Ketuo Co., Ltd.

Tencent's investment this time will undoubtedly bring a broader Internet thinking to Ketuo.

This article is original from the investment community, author: Jerry, original text: http://pe.pedaily.cn/201808/434988.shtml