We consider a dominant platform provider operating both legacy and new platforms that connects users with suppliers in a two-sided market context. In addition to the typical indirect network effects in the two-sided market, backward compatibility works on the new platform. Thus, users joining...

The ride-hailing platform presents an on-demand business model on the basis of business ecosystems in the era of the sharing economy. The ride-hailing platforms became popular and common around the world as a sustainable option that complements the public transportation services. This article...