Due to the rapid technological advancement and increased internet connectivity in the 2000s, people across countries have witnessed the rise in the production and delivery of a range of services coordinated through online marketplaces or digital platforms (ILO, 2018). These economic activities are now referred to as the ‘platform economy’ or ‘gig economy’ that have allowed us to carry out various economic activities online, such as ordering of food and groceries, booking a ride or home cleaning services, or buying other remote freelancing services. Indeed, digital platforms have become one of the prevalent features in many contemporary societies and have shaped radical changes in how we organize socioeconomic activities.
With the growing significance of the platform economy in the structure of national and global economies, as well as social activities, several scholars have proposed typologies and classifications to better understand various digital platforms. The process of classifying platforms has been based on the services provided, function or value created, interactions arranged by the platform, and profit motive.
Researcher: Maria Isabel D. Artajo & Malorie Joy O. Mones