Business
Society Pass Inc. Bolstering Subsidiaries Ahead of IPOs to Drive Growth and Customer Engagement
SINGAPORE, June 20, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA), Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce
About this update from Society Pass Incorporated
[{"type":"text","content":"SINGAPORE, June 20, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA), Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce ecosystem, is gearing up for the upcoming IPOs of its key subsidiaries, NusaTrip.com and Thoughtful Media Group. NusaTrip.com, a leading travel platform in Indonesia, and Bangkok’s innovative advertising agency, Thoughtful Media Group, are set to undergo significant enhancements to increase customer engagement, expand market reach, and deliver unparalleled solutions to users and brands across Southeast Asia. NusaTrip.com, a leading travel booking platform in Indonesia, announced a technical re-platforming of its platform, centered around improving platform stability via upgrades to its server infrastructure, improved UI/UX interface as well as integration with leading payment gateway providers in Southeast Asia, thus increasing its potential market size by up to 800%. Linguistic localization of the NusaTrip platform will be available to over 700 million users in Southeast Asia. These changes aim to position NusaTrip.com to become a leading travel booking platform by market share in Southeast Asia by 2026. Thoughtful Media Group aims to launch its own technical products to complement its business verticals focusing on Multi-Channel-Network and Influencer marketing growth across key Southeast Asian markets. In-house and proprietary tech solutions will enable Thoughtful Media Group to offer leading world class solutions to customers and brands enabling their campaigns to launch and to reach the right target market for most optimal results. TMG’s influencer platform will enable brands to quickly and efficiently identify, connect and work with leading Key Opinion Leaders in the region. Raynauld Liang, CEO of Society Pass, commented on the announced changes by stating: “We are looking forward to implementing these announced changes as soon as possible to position ourselves to be the preferred go-to solutions for any person, brand of business that might have travel or marketing needs across key markets in Southeast Asia.” Mr. Liang further elaborated on Society Pass’ immediate plans for the future by stating, “As always, we strive to implement changes that will have a significant and positive impact to our business operations, clients as well as shareholders.” About Society Pass Inc.: Esta...