Malaysian app startup ParkEasy has launched their peer-to-peer parking app that aims to tackle the everyday problem of locating vacant parking spots in the country.
Parking has been a persistent problem in Malaysia; a study by Gfk indicated that 67% of Malaysians complained about the difficulty of finding parking in shopping malls. But the team at ParkEasy claims that, now, time spent looking for – and securing – a parking spot will be minimised.
The ParkEasy app works similarly to other peer-to-peer sharing apps such as Uber and AirBnB where those looking for parking spots, or “Parkers”, will be matched to those about to exit their parking spots, aka “Leavers”. Parkers will use ParkEasy credits for the convenience of easy parking – and these credits will be earned back when they become Leavers. Here are tutorial videos on how the product works:
ParkEasy is launching in beta to test their system’s ability to handle mass exchanges, as previously they have only been running this app on a smaller scale.
Warren Chan, CEO of ParkEasy, said at the launch event: “The inspiration for this app came from our common experiences wasting time looking for a parking space. We hear Malaysians complain about parking almost every day… Why not let technology do the work for you? It helps you save time that can be better spent doing things that matter – like being with your family and friends.”
Eric Tan, CTO of ParkEasy, continued: “We built the ParkEasy app as a platform for all our users to solve the parking problem together as a community. The location list grows organically. If there are enough users at a specific location – we will add it to the app.”