Apr 24, 2017 The Platform Economy. Online platforms have sprung up to match buyers and sellers in a wide variety of industries. These days there are The rise of the “occasional” driver is documented in a study released today by the JPMorgan Chase (JPMC) Institute titled “The Online Platform Economy in The Platform Economy. In this book, a panel of international legal experts unravel the legal status of online intermediaries – a thorny knot that legislators, judges Jul 31, 2019 This article examines the main public interests at stake with the rise of online platforms in the sharing economy and the gig economy. We do so monthly Payments And The Platform Economy Playbook, a PYMNTS and at the U.S. Government Accountability Office, on how online marketplaces can work The rise of online platforms is one of the fundamental economic and societal developments of recent years. The rapid growth of the 'platform economy' has Drawing on anonymized administrative banking data, we measure supply-side participation in the online platform economy between 2013 and 2018. We find 2.3
Jul 31, 2019 This article examines the main public interests at stake with the rise of online platforms in the sharing economy and the gig economy. We do so
The Online Platform Economy What is it measuring? Participation and income streams from 128 distinct online platforms, extracted from JPMorgan Chase bank accounts. The most recent report designates between four sectors: transportation work, which includes ridesharing and delivery, non-transportation work, selling goods, and leasing assets. The Platform Economy. How online marketplaces are changing the face of business. The Latest. The Latest Editors’ Picks. The Unique Value of Crowdfunding Is Not Money — It’s Community. What is The Online Platform Economy? Definition of The Online Platform Economy: A set of online structures that enable a wide range of human activities by affecting how we work, socialize, create value in the economy, and compete for the resulting profits. Our recently released report Paychecks, Paydays, and the Online Platform Economy explores the demographics and sources of income volatility and provides an unprecedented look at the impact of the Online Platform Economy. Turnover in the Online Platform Economy is high. One in six participants in any given month is new, and more than half of participants exit within 12 months. Participants with higher incomes, more stable employment, and younger cohorts are more likely to exit the Online Platform Economy within a year. Just a decade ago, the Online Platform Economy comprised a handful of marketplaces connecting independent sellers to buyers of physical goods. Today, many consumers use software platforms to procure almost any kind of good or service from independent suppliers as a routine part of daily life. The platform economy is economic and social activity facilitated by platforms. Such platforms are typically online matchmakers or technology frameworks. By far the most common type are "transaction platforms", also known as "digital matchmakers". Examples of transaction platforms include Amazon, Airbnb, Uber and Baidu.
Turnover in the Online Platform Economy is high. One in six participants in any given month is new, and more than half of participants exit within 12 months. Participants with higher incomes, more stable employment, and younger cohorts are more likely to exit the Online Platform Economy within a year.
Sep 11, 2019 conditions under which several economic, professional, personal and social activities are carried out using digital or online platforms. Aug 8, 2019 To cultivate new growth points, new business models in the platform economy such as Internet Plus service industry, Internet Plus production In the emerging platform economy, at first glance most platforms are “just an online store”. (Amazon, Bol.com), “just a smart taxi service” (Uber) or “just a way to May 22, 2018 While American and Chinese tech giants grab the headlines, a long tail of European software platforms are emerging. Stripe Co-Founder and 2 Oct 2018 As the digital economy develops, online platforms have become key market players, for them and not what is best for the platform itself?
20 Sep 2018 The online platform economy is an exploding phenomenon, which What is not clear is who is or should be responsible for protecting the
8 Jun 2016 developments is the appearance of online outsourcing platforms, which have elevated the internet from its status as a mere bulletin board and 14 Jun 2018 These online platforms now play a key role in today's economy and the func- mediators which offer facilitation and transaction services. 20 Sep 2018 The online platform economy is an exploding phenomenon, which What is not clear is who is or should be responsible for protecting the
Growth in digital access and literacy and the emergence of online labour platforms have made it much easier and cheaper for individuals to negotiate short-term
Melin noted that during the American financial crisis, new business creation was stagnant, but 75% of American states saw growth in eBay-based businesses. From this data, she asserted that the platform economy is a means of ‘internationalising’ small businesses, giving them access to markets that they never could have reached before. The online platform economy is an exploding phenomenon, which means the number of people performing work through the platform is also growing at an extraordinary rate. It is also clear that workers in the online platform economy are rarely protected by regulation, and therefore, The Online Platform Economy: What is the growth trajectory? In our recently released report Paydays, Paychecks, and the Online Platform Economy, we documented the extraordinary growth in the number of individuals who are earning income from online platforms, such as Uber, TaskRabbit, or Airbnb.1 From a universe of 6 Within the gig economy, a distinction exists between work that is performed online and work that is performed offline, even though both forms are digitally mediated via technology and platforms Online Platform Economy. The Observatory monitors and analyses developments in the online platform economy to enable informed and flexible policy making in the EU.