"T map Mobility Accelerates Expansion of Partner Parking Lots with Darae Park Tech Partnership Agreement"

Business Agreement (MOU) with Parking Control Equipment Manufacturer 'Darae Parktech'

On the 1st, Yang Seong-woo, MOD2 Group Leader of T map Mobility (left), and Kim Ho-jung, CEO of Darae Park Tech, signed a business agreement at the Darae Park Tech headquarters in Songpa-gu, Seoul.

[Asia Economy Reporter Eunmo Koo] T map Mobility announced on the 2nd that it has signed a Memorandum of Understanding (MOU) with Darae Parktech, a company specializing in parking control equipment manufacturing, for joint technology development and commercialization.

Darae Parktech is a parking specialist company that supplies equipment such as entry and exit barriers, control systems, and payment devices to over 2,000 parking lots nationwide and provides maintenance services. The two companies will share parking-related data generated at parking sites in real time. For example, when a vehicle enters a parking lot, Darae Parktech's parking equipment recognizes the vehicle and links it with the user's T map Parking mobile app. Accordingly, T map Parking users can use the entire parking process, including entry, exit, and payment, in a one-stop manner when using the parking lot.

T map Parking is a service that provides users with information on nearby parking lots and usage fees in advance and guides them to the designated parking lot via T map when a destination is set. Users can check real-time parking status on the app and use the prepayment function. Through this collaboration with Darae Parktech, the number of affiliated parking lots available on T map Mobility is expected to increase significantly.

Yang Sungwoo, head of the MOD2 Group at T map Mobility, said, "The cooperation between the two companies will be the starting point of a win-win model between platform companies and parking equipment companies," adding, "We will provide standardized and stable services to improve the quality of parking services and increase customer satisfaction."

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