By utilizing a shared economy model, BeepBeep Parking aims to solve the issue of street parking in busy cities. With the app, users can easily find available parking spaces, reducing the time and fuel costs associated with searching for a spot. The company also offers mobile on-demand valet parking services and smart city parking solutions. By creating value for the community and the environment, BeepBeep Parking is helping to alleviate the headaches and negative impacts of parking in urban areas.