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China's platform economy is dominated by homegrown companies like Alibaba and Tencent, while foreign platforms like eBay have struggled to gain market share. [48] Outside China, Asian platforms have seen rapid growth in sectors like e-commerce. However, the region has had less success in social media and search until the rise of platforms like ...
Platform capitalism is an economic and business model in which digital platforms play a central role in facilitating interactions, transactions, and services between different user groups, typically consumers and producers. This model of capitalism has emerged and expanded with the rise of the Internet and digital technologies, transforming ...
The term "platform cooperativism" was coined by New School professor Trebor Scholz in a 2014 article titled, "Platform Cooperativism vs. the Sharing Economy", in which he criticized popular so-called "sharing economy" (see disambiguation on the Sharing economy page) platforms and called for the creation of democratically controlled cooperative ...
Jan. 27 was a wild day in the stock market as investors reacted to Chinese start-up DeepSeek's R1 "reasoning" model that competes with OpenAI's o1 model. Semiconductor stocks Nvidia (NASDAQ: NVDA ...
Collaborative lifestyles allow people to share resources like money, skills, and time; this is best explained as the sharing of intangible resources. Product service systems provide the benefits of a product without having to own it outright; instead of buying products that are used to fulfill specific purposes, they can be shared.
The Platform Canvas is a conceptual framework designed to explain the mechanisms of multi-sided platform organizations, and how they create, capture, and deliver value in the platform economy. [1] Multi-sided platforms, also called two-sided markets , like Amazon , Uber and Airbnb , create value primarily by facilitating direct interactions ...
The term digital economy came into use during the early 1990s. For example, many academic papers were published by New York University’s Center for Digital Economy Research. The term was the title of Don Tapscott's 1995 book, The Digital Economy: Promise and Peril in the Age of Networked Intelligence.
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