Work

Digital platforms’ growth strategies and the rise of super apps

Year: 2024
Type: article
Abstract: Super apps allow users to access messaging, payments, e-commerce, deliveries, ridesharing, and many other services within the same app. While there are some very successful and dominant super apps in Asia such as WeChat , KakaoTalk , Alipay , or Grab , others, including Elon Musk with X ( Twitter ), are aiming to establish super apps in the U.S. and Europe. This explanatory study analyzes the super app phenomenon from a firm-level perspective. It provides preliminary insights on how digital platforms are reaching the super app status, and are evolving from single-purpose to multi-purpose apps. Using data from 380 platforms in the mobility sector, a regression model is estimated to understand which platforms are capable of pursuing a super app strategy: young, agile, and risk-taking firms. I also discuss the case of Uber to illustrate the motivations and the various growth strategies that are incrementally paving the way to becoming a super app. Finally, testable propositions and a conceptual model are forwarded to stimulate future research on this timely topic.
Source: Heliyon
Language: English
Open Access status: gold
Estimated APC paid: $1,622
OpenAlex ID: W4391734348
FWCI: 14.86
Cites: 74
Cited by: 46
Related to: 10