Online travel auction

Maxim Research Update: Society Pass (Nasdaq: SOPA) – Compelling Valuation; 1Q23 EBITDA Beats Forecast

Retrieved on: 
Tuesday, May 16, 2023

NEW YORK, NY, May 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Maxim Group LLC (“Maxim”) issues research report on Society Pass Inc. (Nasdaq: SOPA) (“SoPa”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.

Key Points: 
  • Click Here (on Maxim research website) or Here (on Society Pass website) to view the full Maxim research report.
  • • Maxim maintains 2023 and 2024 revenue and EBITDA estimates – SOPA reports improving topline and narrowing losses going forward.
  • • Revenues growing much faster than cash expenses – 1Q23 revenues of $2.0M increased significantly from $0.4M in the prior year quarter.
  • 1Q23 adjusted EBITDA loss of ($2.7M) was slightly narrower than our estimate of ($2.8M) and improved from a loss of ($3.4M) in the prior year quarter.

Maxim: Society Pass (Nasdaq: SOPA) Compelling Valuation; 4Q22 EBITDA Beats Forecast; Positive on Organic Growth & M&A

Retrieved on: 
Wednesday, April 5, 2023

Click Here ( https://tinyurl.com/3cakppp on Maxim research website) or Here ( https://tinyurl.com/5fh5vnyr on Society Pass website) to view the full Maxim research report.

Key Points: 
  • Click Here ( https://tinyurl.com/3cakppp on Maxim research website) or Here ( https://tinyurl.com/5fh5vnyr on Society Pass website) to view the full Maxim research report.
  • - 4Q22 results highlight early stages of growth - SoPa's 4Q22 revenue of $2.6M increased significantly from $0.4M in the prior year quarter.
  • - Outlook - Maxim narrows its EBITDA loss estimate for 2023, primarily due to factoring in better expense control.
  • - Society Pass is in the early stages of building an SEA e-commerce company with six verticals:
    1) Lifestyle.

Maxim: Society Pass (Nasdaq: SOPA) – Compelling Valuation; 4Q22 EBITDA Beats Forecast; Positive on Organic Growth & M&A

Retrieved on: 
Wednesday, April 5, 2023

Click Here (on Maxim research website) or Here (on Society Pass website) to view the full Maxim research report.

Key Points: 
  • Click Here (on Maxim research website) or Here (on Society Pass website) to view the full Maxim research report.
  • • 4Q22 results highlight early stages of growth – SoPa’s 4Q22 revenue of $2.6M increased significantly from $0.4M in the prior year quarter.
  • • Outlook – Maxim narrows its EBITDA loss estimate for 2023, primarily due to factoring in better expense control.
  • • Society Pass is in the early stages of building an SEA e-commerce company with six verticals:
    1) Lifestyle.

RevoluGROUP Canada Inc. Concludes Review of Equity Investment Proposal Submitting Amended Agreement To Potential Acquirers

Retrieved on: 
Friday, December 16, 2022

The Company remitted several proposed amendments to the potential Acquirers late afternoon, December 13th.

Key Points: 
  • The Company remitted several proposed amendments to the potential Acquirers late afternoon, December 13th.
  • In subsequent conversations between the parties, the potential Acquirers are reviewing the contractual adjustments at this time.
  • While the proposed transaction negotiations advance promisingly, there can be no assurance that any definitive agreement, tender, or investment will be completed, and the December 13th, 2022, amended agreement proposal must be promptly and conscientiously reviewed by the potential acquirers.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

trivago becomes official partner of the IHF Men’s World Handball Championship 2023

Retrieved on: 
Thursday, December 8, 2022

DÜSSELDORF, GERMANY – December 8, 2022 – Today, trivago N.V. (NASDAQ: TRVG), a leading global accommodation comparison platform, announced an official partnership with the 2023 Men’s IHF World Handball Championship, furthering its purpose of empowering people to get more out of life.

Key Points: 
  • DÜSSELDORF, GERMANY – December 8, 2022 – Today, trivago N.V. (NASDAQ: TRVG), a leading global accommodation comparison platform, announced an official partnership with the 2023 Men’s IHF World Handball Championship, furthering its purpose of empowering people to get more out of life.
  • As the official Online Travel partner of the IHF Men’s World Championship 2023, trivago branding will appear during matches in January 2023 and throughout the competition.
  • trivago works to engage travel lovers with experiences and adventures aligned to their passions and the brand’s partners are a critical component of its sponsorship strategy.
  • This year’s competition slogan, “Stick Together”, particularly resonated with the company:
    “The handball World Cup is a unique opportunity for thousands of fans to meet and celebrate,” says trivago CEO Axel Hefer.

RevoluGROUP Canada Inc. RevoluSEND and RevoluTRANSFER Top 120 Countries Adding United Kingdom, Equity Investment Talks Update, AGM Only Via Zoom

Retrieved on: 
Tuesday, December 6, 2022

The Company has concluded the technical integration of the United Kingdom into its platforms and those of white-label partners.

Key Points: 
  • The Company has concluded the technical integration of the United Kingdom into its platforms and those of white-label partners.
  • The parties continue working towards a final agreement on or before December 8th, 2022, regarding a potential equity investment in the Company.
  • On November 21st, 2022, the Company issued advice on two official methods for its shareholders to attend the annual AGM on December 16th, 2022.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

Global Online Travel, Accommodation Booking, and Airline Booking Market Report 2022: Shift from Traditional Flight Booking Channels to more Modern Booking Channels is Giving Rise to Digital Platforms - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 6, 2022

The "Global Online Travel, Accommodation Booking, and Airline Booking Market 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Online Travel, Accommodation Booking, and Airline Booking Market 2022" report has been added to ResearchAndMarkets.com's offering.
  • The shift from traditional flight booking channels to more modern booking channels is giving rise to digital platforms, with OTAs witnessing high growth opportunities
    The global travel market is recovering from the negative effects of the pandemic, according to the recent data cited in the report.
  • This provides growth momentum to the online travel-booking channel, which is poised to expand substantially in 2022 compared to the past year.
  • For instance, the USA will see double-digit growth in gross airline bookings coming from online channels after 2022.

Global Online Travel, Accommodation Booking, and Airline Booking Market Analysis Report 2022: OTAs Witnessing High Growth Opportunities - Forecasts to 2025

Retrieved on: 
Monday, December 12, 2022

DUBLIN, Dec. 12, 2022 /PRNewswire/ -- The "Global Online Travel, Accommodation Booking, and Airline Booking Market 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 12, 2022 /PRNewswire/ -- The "Global Online Travel, Accommodation Booking, and Airline Booking Market 2022" report has been added to ResearchAndMarkets.com's offering.
  • The shift from traditional flight booking channels to more modern booking channels is giving rise to digital platforms, with OTAs witnessing high growth opportunities
    The global travel market is recovering from the negative effects of the pandemic, according to the recent data cited in the report.
  • This provides growth momentum to the online travel-booking channel, which is poised to expand substantially in 2022 compared to the past year.
  • For instance, the USA will see double-digit growth in gross airline bookings coming from online channels after 2022.

RevoluGROUP Canada Inc. Extends Equity Investment Talks Term Sheet Period Until December 8th 2022 Midnight

Retrieved on: 
Tuesday, November 29, 2022

The Acquirers and the Company have approved a one-time extension of the term sheet's maximum closing date and the exclusivity term, which now ends at midnight on December 8th, 2022.

Key Points: 
  • The Acquirers and the Company have approved a one-time extension of the term sheet's maximum closing date and the exclusivity term, which now ends at midnight on December 8th, 2022.
  • Firstly, the parties concluded perhaps the most complicated Documentary Due Diligence phase as per the news release dated November 7 th , 2022 .
  • Secondly, in continued good faith, the parties signed the Mutual Business Development Strategy addendum on November 25 th , 2022 .
  • Therefore, the parties have approved the present Term Sheet Period and Exclusivity Extension to permit appropriate time for this crucial conclusive phase in the talks.

RevoluGROUP Canada Inc. Signs Mutual Business Development Strategy Furthering Equity Investment Talks

Retrieved on: 
Friday, November 25, 2022

Today's Business Development Agreement projects a defined mutual understanding and future strategy should the Equity Investment occur.

Key Points: 
  • Today's Business Development Agreement projects a defined mutual understanding and future strategy should the Equity Investment occur.
  • The parties have agreed to a comprehensive 2-year plan to initiate on the day of the eventual equity acquisition.
  • Today's advent of approving the mutual underlying business plan is considered a notable continued positive advancement in the talks.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .