PATHAO PORTER'S FIVE FORCES TEMPLATE RESEARCH B_143 Partnerships can include revenue-sharing agreements

Partnerships can include revenue-sharing agreements based on transaction volume

Ledger depends on a few secure-element makers-notably STMicroelectronics-which in 2025 supplied chips critical to Ledger's devices

This dynamic forces companies to prioritize customer satisfaction and transparency

Intense competition is driven by tech advancements like AI and integrated solutions

PATHAO PORTER'S FIVE FORCES TEMPLATE RESEARCH B_143 Partnerships can include revenue-sharing agreementsFrom Overview to Strategy Blueprint Pathao faces intense competitive rivalry from local ride hailing and delivery rivals, moderate supplier leverage from drivers and tech providers, and evolving buyer power as consumers demand lower prices and faster service. Barriers to entry remain moderate network effects help incumbents but capital light models encourage startups while substitutes like public transit and informal couriers pose tangible threats.