Harness the power of regulation to grow Kenya’s on-demand economyThe on-demand service industry and the platforms created with the surge of innovation has radically changed the world’s shopping and delivery experience. A study by McKinsey estimates that the market for food delivery stands at €83 billion (Sh9 trillion) worldwide. SEE ALSO :Two Kenyans tell of their agony after losing Sportpesa jobsThe on-demand economy has continued to fuel the creation of digital marketplaces and further encouraged the development of technology companies. Glovo, a technology company that links motorcycle riders to consumers wishing to buy and deliver products has played a pivotal role in developing Kenya’s e-commerce landscape. Technology companies are willing to provide guidance and input regarding international best practices on technology regulation but have not always found an open door.

Source: Standard Digital December 30, 2019 06:56 UTC