What AirParking does

AirParking (legal entity Guangzhou Yueting Network Technology Co., Ltd. / 广州悦停网络科技有限公司) is a Guangzhou-based, privately held online parking space-sharing platform founded in 2015. The company operates a three-sided marketplace that connects car owners seeking urban parking with property owners (typically individual owners of private residential or commercial spaces) who list idle inventory, and with property management companies that operate larger parking facilities. Drivers can search for spaces by destination, reserve in advance, and pay through WeChat Pay, UnionPay, Alipay, or CCB Long Pay; property owners publish availability and receive 50% of each transaction's revenue (credited to an in-app wallet by 9 a.m. the following day); property management companies gain transparent digital visibility into parking operations, with the stated goal of reducing staffing costs and increasing facility revenue. The company has accumulated more than 6 million registered users, 500,000+ listed parking spaces, and 2,000+ signed property projects across 14 Chinese cities including Guangzhou, Qingdao, Wuhan, Changsha, and Taiyuan.

The underlying technology is a mobile-first internet platform with native iOS and Android applications and a website (airparking.cn), centered on a unified inventory and booking system that supports real-time search, advance reservation (with a 15-minute hold window), order management, license-plate management, owner earnings wallets, and automated notifications. Revenue is generated primarily through a 50% commission on each completed parking transaction, with an additional usage-based overtime penalty calculated as the base parking fee plus 2x the standard 15-minute unit rate. The go-to-market is dual-track: a product-led, self-serve mobile experience for individual car owners and property owners, combined with B2B distribution through flagship strategic partnerships with Zhonghai Property, Poly Property, and Yuexiu Property. The company has raised approximately $6M USD across three disclosed rounds from SAIF Partners (2017) and Guangzhou Yuexiu Industrial Investment Fund (2018), with an earlier 2016 round of undisclosed lead, and has 51–100 employees.

Name

AirParking

Legal name

广州悦停网络科技有限公司

Website

https://airparking.cn

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

AirParking is a Guangzhou-based mobile parking marketplace founded in 2015 that connects urban car owners with property owners and property management companies to list and book idle parking spaces across 14 Chinese cities, monetizing via a 50% transaction commission.

Ownership category

akta.pro rank

Product category

Shared Parking Marketplace

NAICS

Parking Lots and Garages (812930)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Shared Parking & Marketplace Platforms (B2B/B2C Space Sharing, Aggregators) (TLAJAIAH)

Keywords

• Shared parking platform
• Parking marketplace
• Urban parking solutions
• Parking reservation app
• Property parking management

Headquarters

HQ city

Guangzhou

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Platform Commission (Transaction Fee): AirParking takes a 50% commission on each parking transaction. Property owners receive 50% of the order revenue when car owners successfully use their shared parking spaces. The platform charges for overtime parking at 2x the standard 15-minute parking rate.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

AirParking operates an online shared parking marketplace that connects three user groups: individual property owners list idle parking spaces for rent, drivers search and book available spaces via mobile app, and property management companies gain transparent parking operations. The platform takes a 50% commission on each completed transaction and provides integrated mobile payment processing via WeChat Pay, Alipay, UnionPay, and CCB Dragon Pay.

Product overview

AirParking operates as a unified mobile platform called 'Airparking共享停车' that facilitates shared parking services. The core platform connects three user types: property owners who rent out idle parking spaces, drivers who book and pay for parking, and property managers who gain operational transparency. The platform is accessible via a mobile app and enables location-based parking search, advance reservations, payment processing, and space management.

Differentiator

Problem solved

Functional benefit

Products and services

• Airparking Shared Parking Platform (Airparking共享停车) Mobile-first shared parking marketplace where property owners list idle parking spaces, drivers search and book spaces via iOS/Android apps, and property management companies integrate for transparent operations. Includes location-based search, advance booking (up to 1 hour ahead), 15-minute reservation hold, multi-wallet payment, license plate management, and owner earnings wallet.

Quantifiable outcome

• 6 million+ registered platform users
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Three partnerships are on record, tiered flagship.

• Zhonghai Property (中海物业)flagshipStrategic or Co-development Partner · 1 January 2015Strategic partnership with Zhonghai Property, one of China's leading property management companies. AirParking's platform is integrated with Zhonghai's properties to enable shared parking services for residents and visitors.
• Poly Property (保利物业)flagshipStrategic or Co-development Partner · 1 January 2015Comprehensive strategic cooperation with Poly Property, another major Chinese property management company. The partnership enables shared parking implementation across Poly Property's managed residential and commercial properties.
• Yuexiu Property (越秀物业)flagshipStrategic or Co-development Partner · 1 January 2015Strategic partnership with Yuexiu Property, part of the same group as investor Yuexiu Real Estate. This partnership provides deep integration with Yuexiu's property portfolio for shared parking services.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Park+: India-based smart-parking aggregator offering discovery and booking across operators. Emerging-market peer with similar marketplace ethos but different geographic footprint.

Direct peers

• ETCP: Chinese smart-parking platform operating an asset-light parking network across major Chinese cities. Direct marketplace competitor to AirParking in shared parking inventory and on-demand booking.
• SpotHero: North-American marketplace connecting drivers with reservable parking inventory — comparable three-sided model (drivers, operators, partner lots) and online booking UX, useful international benchmark.
• Tingjiandan (停简单): Chinese mobile parking platform offering parking search, reservation, and payment. Direct Chinese-market competitor to AirParking's smart-parking and shared-parking value proposition.
• JustPark: UK peer-to-peer parking marketplace letting private driveway and lot owners rent spaces to drivers. Closest international analog to AirParking's three-sided property-owner / driver / management structure.
• ParkWhiz: US parking reservation platform aggregating inventory from operators and venues. Comparable transaction-fee marketplace model and integration with venue/property operators.

Broad incumbents

• ParkMobile: Established US-based mobile parking payments and reservations platform with broad operator integration. Larger incumbent offering overlapping capabilities across parking access, payments, and reservations.
• EasyPark: European parking app with broad urban operator integration across multiple countries. Incumbent in the same digital parking management category with comparable mobile-first UX.
• Ping An Smart Parking (平安智慧停车): Smart-parking initiatives operated within Ping An's broader fintech and smart-city portfolio — adjacent financial-services incumbent with parking-related capabilities integrated into a much wider platform.

Others

• 滴滴出行 (DiDi) — Mobility Platform: Dominant Chinese ride-hailing and mobility platform that overlaps on drivers seeking urban parking. Ecosystem participant in Chinese urban mobility rather than direct parking competitor, but represents the broader mobility landscape in which parking demand sits.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AirParking