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Wireless

Continental buys mobile parking app Parkpocket

Tuesday 12 September 2017 | 15:53 CET | News
The German start-up Parkpocket has been acquired by auto components group Continental AG. Started in 2013, Parkpocket offers an app to help locate available parking in the area and settle parking fees. The company benefited from initial funding from Telefonica's incubator Wayra. Already active in Germany, Austria and Switzerland, Parkpocket is expected to benefit from Continental's wider network and services development.

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Categories: Mobile & Wireless
Companies: Telefonica Germany
Countries: Germany
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-/- 33%
decline prepaid service revenues y-o-y
Belgium  |  2017 Q3