Why Companies Are Building Ecosystems Instead of Products American Express Takes Over TheFork 

For years, businesses focused on one thing: building a great product and selling it. 

A bank sold credit cards. 

A restaurant served food. 

A travel company booked flights. 

But things are changing. 

Recently, American Express announced its proposed acquisition of TheFork, a restaurant booking platform in Europe. This comes after its earlier acquisitions of restaurant-tech companies like Resy and Tock. 

Now, you might wonder: 

 

Why would a credit card company want to own restaurant booking apps?

The answer is simple: 

Because companies today are not just building products. They are building ecosystems. 

What is an ecosystem in business? 

Think of it this way. 

Earlier, a customer would use a credit card only when making a payment. 

Today, the same customer can: 

  • Book a restaurant through the company’s app 
  • Get exclusive dining offers 
  • Earn reward points 
  • Pay using the company’s card 
  • Get personalized recommendations 

Everything happens within one connected experience. 

The company is no longer selling just a product. It is becoming a part of the customer’s everyday life. 

That is what an ecosystem is. 

 

Why are companies focusing on ecosystems?

There are three main reasons: 

1. Customers want convenience

People don’t want to jump between ten different apps or service providers. 

They prefer one platform that offers everything they need. 

The easier the experience, the more likely customers are to stay loyal. 

2. Data helps companies serve customers better

When businesses understand what customers buy, where they travel, or what services they use, they can offer more personalized experiences. 

This creates stronger customer relationships and opens new revenue opportunities. 

3. Competition is tougher than ever

Today, a company is not only competing on price or product quality. 

It is competing on: 

  • Customer experience 
  • Technology 
  • Speed 
  • Convenience 
  • Innovation 

An ecosystem helps businesses stand out and grow faster. 

 

The Same Trend is Happening in India

This shift is not limited to the US or Europe. 

India is becoming a major hub for companies that want to build long-term ecosystems. 

Global businesses are no longer entering India only to sell products. 

They are setting up: 

  • Technology and innovation hubs 
  • Shared service centres 
  • Research and development teams 

Why? 

Because India offers a large talent pool, a growing digital economy, and access to one of the world’s fastest-growing consumer markets. 

The question for businesses is no longer: 

“How do we sell in India?” 

It is: 

“How do we become a part of India’s growth story?” 

 

Where Mercurius comes in

Building an ecosystem is exciting. 

But entering a new country or expanding operations also comes with questions: 

  • Which business structure should you choose? 
  • How do you set up a subsidiary or GCC? 
  • What tax and compliance requirements apply? 
  • How do you stay compliant while focusing on growth? 

That’s where Mercurius can help. 

With experience supporting businesses across multiple countries, Mercurius helps companies navigate company setup, tax, compliance, accounting, and business expansion with confidence. 

Because in today’s world, success is not just about building a product. 

It’s about building an ecosystem that grows with your customers—and having the right partner by your side while you do it. 

To know more about this topic, do contact us!