Digitalization　has　led　to　new　value　co-creation　networks　in　the　form　of　digital　business　ecosystems　and　digital　business　models.　This　paper　systematically　analyses　the　research　on　digital　business　ecosystems　and　digital　business　models　by　applying　the　bibliometric　analysis　method　to　investigate　current　research　on　cooperation　networks　and　clusters.　We　have　found　that　the　current　research　can　be　mainly　divided　into　the　following　topics:　the　adoption　of　digital　technologies,　digital　innovation　and　digital　transition,　platforms　and　the　sharing　economy,　dynamic　capabilities　and　sustainable　development.　Additionally,　we　further　analyse　future　research　directions　and　compare　research　hotspots　in　the　Asia　Pacific　region.