Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Two-Sided Markets

Handbook of Research on Disruptive Innovation and Digital Transformation in Asia
Two-sided market is two or more distinct and interdependent groups of users or customers that exchange values or transact through an intermediary.
Published in Chapter:
Impacts of Coronavirus (COVID-19) on Digital Marketplace in Brunei Darussalam
Alif Azizi Abdullah (Universiti Brunei Darussalam, Brunei), Mohammad Nabil Almunawar (Universiti Brunei Darussalam, Brunei), and Muhammad Anshari (Universiti Brunei Darussalam, Brunei)
DOI: 10.4018/978-1-7998-6477-6.ch007
Abstract
The main purpose of this research is to identify the impact of coronavirus (COVID-19) on the digital marketplace of Brunei. The realization of the potential of digital marketplace have enable it to develop and grow in application among start-ups and businesses in Brunei. COVID-19 has negatively impacted the micro, small, and medium enterprises of Brunei due to social distancing measures and crowd restrictions. Furthermore, the suspension of dine in services across the nation paved the way for food delivery service platforms to thrive during the pandemic. The platforms provide security, safety, and convenience to ensure reliability for consumers during the pandemic. Transitioning towards digital mediums was necessary to provide an intermediary for MSMEs and consumers to stay connected under difficult circumstances. A case study approach was used to get information from digital marketplaces that were thriving during the pandemic. The results indicate the impact towards digital marketplace during the pandemic are positive.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Value Network View on Digital Marketplace
Two-sided or in general multi-sided markets are two or more different but related markets managed by an intermediary or platform in which the growth of one side market is highly influenced by the other side.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR