Marketing co Stagwell expands operations

FE REPORT

Stagwell, a US-based technology marketing services company, has recently expanded its operations in Bangladesh affiliating with a local advertising agency Arena Media Bangladesh.

Listed in NASDAQ or New York based stock exchange, Stagwell has partnership with the globally renowned brands including Google, Meta, Amazon, Apple and Microsoft, according to a statement issued by Arena.

"We are delighted to join Stagwell's prestigious global network and look forward to fostering collaborations with people at the forefront of challenging and transforming the art and science of marketing," Mazharul H Chowdhury, group managing director at Arena Media Bangladesh said.

"As Bangladesh is one of the world's fastest-growing economies, we are poised to leverage our local expertise and contribute our unique insights to enhance data-driven, culturally-relevant marketing solutions that drive business growth worldwide," He added.

With annual revenue of $2.0 billion, Stagwell employs over 13,000 people across 72 agencies in more than 32 countries. The company has an integrated platform for the modern marketer, which has expertise in various business fields.

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