Business
Society Pass (Nasdaq: SOPA)/Thoughtful Media Group Acquires More Media, Indonesia-based Digital Design and Branding Agency
● Thailand-based Thoughtful Media Group acquires first company in Indonesia and extends digital advertising business reach beyond Thailand and Vietnam● More
About this update from Society Pass Incorporated
[{"type":"text","content":" ● Thailand-based Thoughtful Media Group acquires first company in Indonesia and extends digital advertising business reach beyond Thailand and Vietnam● More Media is a leading Indonesia-based creative design and branding agency catering to clients in the Beauty, F&B, E-Commerce and Logistics industries● Post acquisition, More Media is re-branded as Thoughtful Media Indonesia and its leadership and employees fully integrated into Thoughtful Media regional operating structure● More Media’s creative design and branding capabilities fully complement Thoughtful Media’s social commerce and influencer advertising focused Multi-Platform Network (“MPN”) and amplify SoPa’s upcoming loyalty offering● Thoughtful Media Indonesia forecasts significant revenue growth in 2023 and beyond Jakarta, Indonesia, Dec. 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Thoughtful Media Group Inc (“Thoughtful Media” or “TMG”), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (\"SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces the acquisition of More Media, a leading Indonesia-based creative design and branding agency. The More Media acquisition extends TMG’s social commerce and influencer advertising business reach beyond Thailand and Vietnam and into the booming Indonesia digital advertising sector. Founded in 2021 as an international caliber design and branding agency serving up-and-coming Indonesian companies in the beauty, F&B, e-commerce and logistics sectors, More Media has grown its client base through quick deployment of value-added services and understanding of the local market tastes. With its focus on storytelling and providing end-to-end branding services, More Media has onboarded a diverse roster of clients such as Langsre, Emilia, Kei Dining, and Allino. Post acquisition, More Media is re-branded as Thoughtful Media Indonesia with its Co-Founder, Eugenia Agnes Gusti, appointed as VP of Business Development for Thoughtful Media to drive sales and onboard Indonesia clients onto the regional TMG digital advertising platform. Mr. Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer/TMG Chairman, exclaims, “We are so excited to welcome Eugenia Agnes Gusti, Ursula Michelle and the r...