HomeNewsTechnologyExplained | What are super apps, future of platform-based business models?

Explained | What are super apps, future of platform-based business models?

A handy guide on what it means to use a super app

March 03, 2021 / 16:16 IST
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Whether you like them or hate them, platform-based all-inclusive services are the future. What does that mean exactly? It means a business model built around offering multiple services through a single platform or in this case, an app.

BlackBerry's one-time CEO and founder Mike Lazaridis put it the best. He called the concept of the super app a "closed ecosystem of many apps" rolled into one that offers users a "seamless and integrated" experience.

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Okay, but I still don't quite understand what a super app is?

Maybe it is best to use an example. Remember WeChat? The popular Chinese messaging platform that was banned in India over security concerns? Well it started off as a simple communications app but over time grew to include a variety of services including the ability to hail cabs and pay for them directly from its interface.