{"product_id":"nasdaq-business-model-canvas","title":"NASDAQ Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiscover an exchange Business Model Canvas for investors, advisors and founders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eDiscover NASDAQ’s strategic playbook with our Business Model Canvas. This in-depth canvas maps value propositions, key partners, revenue streams and growth levers that drive market leadership. Ideal for investors, consultants and founders seeking actionable insight. Download the full, editable Word \u0026amp; Excel canvas to benchmark and adapt NASDAQ’s proven model.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulators and policymakers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNasdaq collaborates closely with securities regulators across 50+ jurisdictions to maintain market integrity and compliance. These relationships shape rulemaking and market structure through dozens of rule filings annually and coordinated surveillance standards. Ongoing dialogue supports rapid adaptation to regulatory changes as surveillance systems monitor millions of trades per day, reducing systemic risk and protecting investors.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBroker-dealers and market makers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBroker-dealers and market makers supply the liquidity that keeps spreads tight and order books deep; in 2024 Nasdaq handled roughly 24% of US equity trading by share and relies on these partners for liquidity in over 90% of listed names. Nasdaq co-develops connectivity, smart routing, and incentive programs with execution firms, and joint initiatives have driven average execution latency to sub-millisecond levels while improving fill quality. Their active participation raises venue attractiveness for all market participants.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eClearinghouses and CSDs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePartnerships with CCPs and central securities depositories enable post-trade clearing, netting and settlement, supporting Nasdaq’s straight-through processing rates above 99.9% and same-day finality targets; coordinated risk management and margin processes reduce counterparty exposure, with global CCP margin balances around $1.2 trillion in 2024. Integration with depositories ensures operational resilience and reduces settlement fails, while alignment with CCP rules supports clients’ regulatory capital efficiency under Basel III\/IV frameworks.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCloud, data, and technology vendors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAlliances with hyperscalers and infrastructure providers (AWS ~33%, Azure ~23%, Google Cloud ~12% in 2024) power scalable data distribution and low-latency compute for Nasdaq, while joint solutions boost resiliency, analytics and AI-driven insights. Security vendor tie-ups align with a global cybersecurity spend near $188B in 2024 to strengthen defense and compliance. Marketplace collaborations extend distribution via partner app stores and networks.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHyperscaler market share: AWS 33% \/ Azure 23% \/ GCP 12% (2024)\u003c\/li\u003e\n\u003cli\u003eCybersecurity spend ~ $188B (2024)\u003c\/li\u003e\n\u003cli\u003eJoint solutions: resiliency, analytics, AI\u003c\/li\u003e\n\u003cli\u003eMarketplace reach: app stores \u0026amp; partner networks\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eListed companies and index providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCorporate issuers partner with Nasdaq for listings, investor relations tools and ESG solutions — Nasdaq hosted about 3,900 listed companies in 2024, enhancing issuer visibility and compliance services. Index partners expand benchmarks (Nasdaq manages 3,000+ indexes), licensing and a derivatives ecosystem that supports multi‑billion dollar notional trading. Co‑marketing boosts investor engagement and fuels product innovation and derivative demand.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003elisted_companies: ~3,900 (2024)\u003c\/li\u003e\n\u003cli\u003eindexes: 3,000+\u003c\/li\u003e\n\u003cli\u003ederivatives: multi‑billion notional\u003c\/li\u003e\n\u003cli\u003efocus: IR, ESG, licensing, co‑marketing\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulators and markets partners secure trading across \u003cstrong\u003e50+\u003c\/strong\u003e jurisdictions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNasdaq partners with securities regulators across 50+ jurisdictions to maintain market integrity while surveilling millions of trades daily.\u003c\/p\u003e\n\u003cp\u003eExecution firms and market makers provide liquidity (Nasdaq ~24% US share by volume in 2024), covering liquidity for \u0026gt;90% of listed names and driving sub-millisecond routing.\u003c\/p\u003e\n\u003cp\u003eCloud, CCPs, issuers and index partners (AWS 33% \/ Azure 23% \/ GCP 12%; listed ~3,900; 3,000+ indexes; cybersecurity spend ~$188B in 2024) enable scale, clearing and product distribution.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eJurisdictions\u003c\/td\u003e\n\u003ctd\u003e50+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUS share by volume\u003c\/td\u003e\n\u003ctd\u003e~24%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eListed companies\u003c\/td\u003e\n\u003ctd\u003e~3,900\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIndexes\u003c\/td\u003e\n\u003ctd\u003e3,000+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHyperscaler share\u003c\/td\u003e\n\u003ctd\u003eAWS33%\/Azure23%\/GCP12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCybersecurity spend\u003c\/td\u003e\n\u003ctd\u003e~$188B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, pre-written Business Model Canvas for NASDAQ detailing customer segments, channels, value propositions, revenue streams, and key activities; includes SWOT-linked insights and competitive advantages for investor and strategic use.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level, editable one-page snapshot of NASDAQ’s business model that saves hours of formatting, enables quick side-by-side comparisons, and condenses strategy into a boardroom-ready, shareable format for team collaboration and executive review.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperate multi-asset exchanges\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOperate multi-asset exchanges running equities, options and derivatives requires 24\/7 uptime and continuous surveillance; Nasdaq supports ~3,800 listed companies and handles over 2 billion shares daily (2024) while targeting 99.999% availability. Core activities include order matching, price dissemination and circuit breaker enforcement with venue design and fee structures (rebates up to $0.003\/share) to optimize liquidity and fairness. Continuous optimization focuses on reducing latency to sub-100 microseconds, increasing throughput and resiliency.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDeliver market data and analytics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNasdaq aggregates, normalizes, and distributes real-time and historical market data while analytics deliver liquidity, volatility, and microstructure insights; data pipelines power APIs, feeds, and cloud warehouses; rigorous quality controls ensure accuracy, timeliness, and regulatory compliance.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProvide financial technology solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNASDAQ builds SaaS platforms for trading, surveillance and anti-financial crime that support risk, compliance and workflow automation for institutions; its market technology underpins trading for about 3,700 listed companies globally. Implementation includes systems integration, customization and user enablement services, with regular onboarding and training. Ongoing quarterly releases deliver feature expansions and security enhancements to meet evolving regulatory and threat landscapes.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePost-trade and connectivity services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eConnectivity hubs, colocation and FIX gateways deliver low-latency access to Nasdaq markets, supporting high-frequency and institutional trading needs in 2024. Post-trade workflows integrate clearing interfaces and regulatory reporting to ensure settlement and transparency. Managed services offload client infrastructure and ops, while continuous monitoring enforces SLAs and enables rapid incident response.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLow-latency connectivity: hubs, colocation, FIX\u003c\/li\u003e\n\u003cli\u003ePost-trade: clearing interfaces and reporting\u003c\/li\u003e\n\u003cli\u003eManaged services: reduced client infrastructure burden\u003c\/li\u003e\n\u003cli\u003eMonitoring: SLA adherence and incident response\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eClient success and ecosystem development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eAccount management, training, and 24\/7 technical support drive adoption across Nasdaq’s ~3,800 listed issuers and help sustain an average daily ADV exceeding $150B in 2024, reducing onboarding time and attrition.\u003c\/p\u003e\n\u003cp\u003eUser groups and pilots feed product roadmap; partnerships enable liquidity programs and new listings growth; thought leadership and events (hundreds annually) reinforce marketplace trust.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\u003c\/ul\u003e\n\u003cli\u003eAccount management\u003c\/li\u003e\n\u003cli\u003eTraining \u0026amp; support\u003c\/li\u003e\n\u003cli\u003eUser pilots → roadmap\u003c\/li\u003e\n\u003cli\u003ePartnerships → liquidity\/listings\u003c\/li\u003e\n\u003cli\u003eEvents \u0026amp; thought leadership\u003c\/li\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMulti-asset exchange — \u003cstrong\u003e3,800\u003c\/strong\u003e listings, \u003cstrong\u003e99.999%\u003c\/strong\u003e uptime\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOperate multi-asset exchanges supporting ~3,800 listed companies, \u0026gt;2B shares\/day (2024), targeting 99.999% uptime with order matching, price dissemination and fee design (rebates up to $0.003\/share).\u003c\/p\u003e\n\u003cp\u003eDeliver real-time and historical market data, analytics and APIs with strict quality controls powering liquidity and microstructure insights.\u003c\/p\u003e\n\u003cp\u003eProvide SaaS trading, surveillance and anti-financial-crime platforms, integrations, quarterly releases and client onboarding.\u003c\/p\u003e\n\u003cp\u003eOffer low-latency connectivity (sub-100 μs), colocation, clearing interfaces, managed services and 24\/7 support; ADV \u0026gt;$150B (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eListed companies\u003c\/td\u003e\n\u003ctd\u003e~3,800\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDaily shares\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eADV\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;$150B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUptime target\u003c\/td\u003e\n\u003ctd\u003e99.999%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLatency\u003c\/td\u003e\n\u003ctd\u003e\u0026lt;100 μs\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMax rebate\u003c\/td\u003e\n\u003ctd\u003e$0.003\/share\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eDelivered as Displayed\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe NASDAQ Business Model Canvas you see here is the actual deliverable, not a mockup. When you purchase, you’ll receive this exact file—complete, editable, and formatted—for immediate download. The full Canvas is provided in Word and Excel so you can present, customize, and implement without surprises.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"PortersFiveForce","offers":[{"title":"Default Title","offer_id":55674891665785,"sku":"nasdaq-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0914\/5276\/8633\/files\/nasdaq-business-model-canvas.png?v=1755797632","url":"https:\/\/portersfiveforce.com\/products\/nasdaq-business-model-canvas","provider":"Porter's Five Forces","version":"1.0","type":"link"}