Pathao Car Relaunches with an Innovative Model: Drivers and Users Can Now Set Their Own Fares1 min read

Pathao, Bangladesh’s largest digital services platform, is relaunching its car ride-sharing service tomorrow under an innovative new model that will enable users to find rides faster and at fair prices, said a press release.

In the traditional ride-sharing model, a user’s ride request is dispatched to a single driver by the app and the pricing of the ride is set using a pre-established algorithm.  This results in a lower likelihood of users and drivers being matched at mutually acceptable fares, leaving many requests unserved.

Read more: Golam Murshed Receives “Emerging CEO of the Year 2022” Award, Organized by Bangladesh Brand Forum

In the revamped Pathao Car model, the user can request a ride at a fare suggested by the app or can name their own fare.  The request is then dispatched to multiple drivers at once.  If the user receives multiple offers, they can pick based on the driver’s counter-offer price, estimated time of arrival (ETA), vehicle model, and rating, or can offer a revised fare.

Similarly, a driver can choose from among several requests, accept the request that suits them best, or suggest their own price.

In this model, drivers would be able to maximize earnings by reducing their idle time while users would be able to find a ride faster by negotiating fares, in a win-win solution for all.

“We are excited to give control back to our users and drivers. We believe that technology should be more people-centric.  It’s time to change the status quo,” said Fahim Ahmed, Managing Director & CEO of Pathao.

For more updates, be with Markedium.

Get real time updates directly on you device, subscribe now.

You might also like
Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

0
Would love your thoughts, please comment.x
()
x
SUBSCRIBE TO OUR NEWSLETTER

SUBSCRIBE TO OUR NEWSLETTER

Join our mailing list to receive the latest news and updates from Markedium!

You have Successfully Subscribed!