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Abstrakt
Multisided digital platforms have attracted significant attention in both business and academic circles. As of 2024, five of the eight most valuable companies—each with a market capitalization exceeding one trillion dollars—derive much of their value from multisided platform models. This paper analyzes the relationship between revenues and market capitalization for companies operating under such business models. Using data from 2017 and 2024, changes over time and examine growth patterns are being assessed. To measure the strength of the relationship, the Pearson correlation coefficient is employed. The results show a strong positive correlation between revenues and market capitalization in both years. Notably, a substantial portion of the growth in both metrics is concentrated among a few dominant firms. These findings suggest that revenue can serve as a key variable in valuing companies with digital platform models. The study also highlights opportunities for future research using case-based methodologies, contributing to the literature on platform economics, value creation, business model innovation and digital strategy.
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