{"id":53223,"date":"2016-06-15T07:35:56","date_gmt":"2016-06-15T05:35:56","guid":{"rendered":"http:\/\/beta.next-finance.net\/investment-banking\/marches-prives\/michelin-group-invests-in-e-dai-bo-a-valet-parking-service-in-china\/"},"modified":"2016-06-15T07:35:56","modified_gmt":"2016-06-15T05:35:56","slug":"michelin-group-invests-in-e-dai-bo-a-valet-parking-service-in-china","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/investment-banking\/marches-prives\/michelin-group-invests-in-e-dai-bo-a-valet-parking-service-in-china\/","title":{"rendered":"Michelin Group invests in e Dai Bo: a valet parking service in China"},"content":{"rendered":"<p>Parking is a major problem for car owners and drivers in China where the number of cars is growing at a<br \/>\nfaster rate than parking space. Already operating at most of the major airports, e Dai Bo is starting to<br \/>\ndevelop a presence in downtown areas of large cities like Beijing and Shanghai where the demand for<br \/>\nparking is very high.<\/p>\n<p>Lv Ye, CEO of e Dai Bo said: \u2018With this strategic investment we will not only get funding and endorsement<br \/>\nfrom Michelin, but we will be in a better position to provide best-in-class car care services to our customers,<br \/>\nnot only at airports, but also in downtown areas through Michelin\u2019s fast-growing TyrePlus network\u2019.<\/p>\n<p>As part of its service offer, e Dai Bo has chosen TyrePlus as its car care service provider so customers using<br \/>\nvalet parking have the opportunity to have their car serviced, and in the process bringing additional traffic to<br \/>\nMichelin\u2019s existing and growing network of 1,400 TyrePlus shops.<\/p>\n<p>Commenting on the investment, Philippe Barreaud, the head of Michelin\u2019s Innovation Incubator organization in<br \/>\nAsia said: \u2018<em>We believe the fundamentals of valet parking are very strong in China\u2019s cities and we are adamant<br \/>\nthat e Dai Bo is positioned to be a leader in this new and fast growing market. Both companies are committed<br \/>\nto creating value for car drivers with e Dai Bo bringing its digital platform and high quality valet parking<br \/>\nservices while Michelin, using its existing and fast growing network of TyrePlus shops, provides opportunities<br \/>\nfor car care services whenever a driver entrusts their vehicle to e Dai Bo<\/em>\u2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Through its Incubator program, and to reinforce its service and growth strategy in the region, Michelin has invested in e Dai Bo, a Chinese start-up which provides valet parking services via a digital platform throughout China.<\/p>\n","protected":false},"author":20,"featured_media":53221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1601],"tags":[1671,1888,1437,2082,2035,1702],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/53223"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=53223"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/53223\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/53221"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=53223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=53223"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=53223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}