JOURNAL ARTICLE
Are Super-Apps Coming to the U.S. Market? Something super-ish is more likely than a true WeChat equivalent.
Published In: Harvard Business Review Digital Articles, 2023. P. 1 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Prud'homme, Dan; Guoli Chen; Tong, Tony W. 3 of 3
Abstract
The article examines the prospects of super-apps—single platforms offering diverse services such as social media, payments, e-commerce, and more—emerging in the U.S. market, contrasting them with established Asian super-apps like WeChat and Alipay. It highlights key differences in market development, regulatory environments, payment infrastructures, and cultural attitudes that have historically limited the rise of true super-apps in the U.S. However, shifting factors such as regulatory pressures, changing demographics, consumer frustration with app overload, and technological advances in AI and fintech are encouraging U.S. tech companies to develop more integrated, "super-ish" app ecosystems. While a direct replication of Asian-style super-apps seems unlikely, the U.S. market is moving toward consolidated platforms that offer multiple services within a single app environment.
Additional Information
- Source:Harvard Business Review Digital Articles. 2023/04, p1
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2023
- Accession Number:163479106
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