Bangladeshi on-demand digital platform company, Pathao, has garnered international recognition as one of the 40 groundbreaking companies from emerging markets that are outshining Silicon Valley. The accolade comes from Rest of World, a platform renowned for showcasing innovative global companies that defy the status quo.
Operating in both Bangladesh and Nepal, Pathao has asserted its dominance in the fiercely competitive ridesharing market, outshining a myriad of local and international players, including Uber in Bangladesh and inDrive in Nepal. Impressively, Pathao is the sole profitable food-delivery business in Bangladesh, a testament to its strategic prowess.
Pathao has achieved a regional expansion that eludes many startups in South Asia, solidifying its position as the largest ride-hailing company in Bangladesh and Nepal. Their success story doesn’t end there, as they’ve recently obtained approval to launch their own payment wallet, PathaoPay, adding another layer to their growing ecosystem.
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With this latest recognition and their relentless pursuit of excellence, Pathao is undoubtedly a prime example of an emerging market champion ready to make its mark on the global stage, and their ambitious plans for PathaoPay could propel them even further towards world domination.
