Business ExpandingParkopedia, a U.K. company that develops and provides parking data platform, establishes a Japanese subsidiary in Tokyo

Parkopedia was established in 2007 with their headquarters in London, UK. Parkopedia is a "parking service provider" that searches the closest and cheapest parking lots while providing the information of the price and booking status. Consumers can pay through the car navigation system, before or after arriving at the parking lot, and park directly. Parkopedia’s parking services is installed in Apple Maps, and it is also used by drivers of Mercedes-Benz and Volkswagen Group. It is available in 15,000 cities in 89 countries and covers more than 70 million parking lots.

As major Japanese OEM brands such as Toyota, Honda, Mazda, and Subaru have already formed alliances with Parkopedia around the world, the company established Parkopedia Japan K.K. in Tokyo in January 2021 to sustainably grow the company's automotive business in Japan. In order to meet the growing demand from drivers who want to facilitate the entire process from finding a parking space to parking the car, a parking data collection team for Japan has been established in-house to provide high quality and highly accurate data to the Japanese market.

On the occasion of the establishment of the company's Japan office, JETRO's Invest Japan Business Support Center (IBSC) provided consultation (labor matters).