The Rise of the Digital Marketplace Economy
▻https://hackernoon.com/the-rise-of-the-digital-marketplace-economy-6bd7607d537e?source=rss----3
Source: ▻http://odlco.com/catalog/tsukiji-fish-market-tokyo-japanThe top 15 public platform companies already represent $2.6 trillion in market capitalization worldwide. Powered from the outside in by buyers and sellers, these technology-driven business models are redefining the future of industries.Marketplaces seem straightforward: it’s all about matching supply and demand. But in reality, #marketplaces are anything but simple. eBay, considered one of the first marketplaces to scale both sides of its business — Buyers and Sellers — may look uncomplicated at first glance. It lets Sellers post items they want to sell and helps Buyers find what they are looking for. Behind the scenes though, eBay helps determine which items to surface based on purchase behavior, price, reputation of the sell (...)