Image for Multisided Platforms

Multisided Platforms

Multisided platforms are online or physical markets that connect different groups, such as buyers and sellers, allowing them to interact and exchange goods or services. They create value by facilitating relationships and transactions between these groups, while often earning revenue through fees or commissions. Examples include online marketplaces like Amazon, social media networks connecting users and advertisers, and app stores linking developers and consumers. By serving as intermediaries, multisided platforms enable easier, more efficient interactions, fostering a vibrant ecosystem that benefits all parties involved.