Over the past few years, aggregation business model has witnessed a drastic rise across the globe especially in on-demand transport sectors. A lot of these on-demand aggregators have begun to disrupt the space with their unique products and services be it taxis, hotels, groceries, food and travel.
What is Aggregation business model?
According to the internet definition, it is a network model where the firm collects the information about a particular good/service providers, makes the providers their partners, and sell their services under its own brand.
In fact, this business model was initially originated within the transportation and mobility sector in an attempt to comply with the requirement for services that can promote both on-demand commuting and logistics.