Sopa

Argus Research: Society Pass (Nasdaq: SOPA) – Building a Loyalty-Driven E-Commerce Platform in Southeast Asia

Retrieved on: 
Thursday, December 1, 2022

3Q 2022 revenues were $2.1 mn, up from $83,000 in 3Q 2021, reflecting a rapidly accelerating platform rollout.

Key Points: 
  • 3Q 2022 revenues were $2.1 mn, up from $83,000 in 3Q 2021, reflecting a rapidly accelerating platform rollout.
  • Argus forecasts 2022 revenues of $7 mn and 2023 revenue of $40 mn, driven by on-line travel booking and digital marketing.
  • Argus forecasts Society Points to accelerate revenue growth with a revenue run rate of $60 mn by 2023E.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

Argus Research: Society Pass (Nasdaq: SOPA) Building a Loyalty-Driven E-Commerce Platform in Southeast Asia

Retrieved on: 
Thursday, December 1, 2022

3Q 2022 revenues were $2.1 mn, up from $83,000 in 3Q 2021, reflecting a rapidly accelerating platform rollout.

Key Points: 
  • 3Q 2022 revenues were $2.1 mn, up from $83,000 in 3Q 2021, reflecting a rapidly accelerating platform rollout.
  • Argus forecasts 2022 revenues of $7 mn and 2023 revenue of $40 mn, driven by on-line travel booking and digital marketing.
  • Argus forecasts Society Points to accelerate revenue growth with a revenue run rate of $60 mn by 2023E.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

EQS-News: GM Spotlight: E-commerce Aggregator Society Pass Indonesia GM Talks With Benzinga On What It’s Looking To Solve And A Growing Footprint In Indonesia

Retrieved on: 
Wednesday, November 30, 2022

Southeast Asia may see the most prominent growth20.6%compared to other regions, which are predicted to grow only moderately.

Key Points: 
  • Southeast Asia may see the most prominent growth20.6%compared to other regions, which are predicted to grow only moderately.
  • The report further shows that only four countries in the world will experience the fastest retail e-commerce sales growth, and one of them is Indonesia.
  • SoPa is looking to build partnerships with merchants and solve customer needs by providing relevant products, services, and technologies.
  • SoPa has acquired NusaTrip, Indonesias first online travel agency, and afterward, it will add Thoughtful Digital Media in Indonesia, says the GM.

Society Pass Inc Integrates with Stripe Inc's Payments Platform

Retrieved on: 
Monday, November 28, 2022

- Society Pass Inc (Nasdaq: SOPA) integrates with Stripe Inc ("Stripe") payments platform to power transaction settlement services for merchants and consumers on SoPa's ecosystem

Key Points: 
  • - Society Pass Inc (Nasdaq: SOPA) integrates with Stripe Inc ("Stripe") payments platform to power transaction settlement services for merchants and consumers on SoPa's ecosystem
    - Leveraging the cutting-edge technological solutions from Stripe, SoPa simplifies payment flows and provides superior shopping experience to consumers.
  • Leveraging Stripe's cutting-edge technology solutions, Society Pass expands the product and geographical reach of its ecosystem, simplifies payment flows, and accepts payments at scale in multiple currencies.
  • SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023.
  • Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour.

Society Pass Inc. Integrates with Stripe Inc’s Payments Platform

Retrieved on: 
Monday, November 28, 2022

Leveraging Stripes cutting-edge technology solutions, Society Pass expands the product and geographical reach of its ecosystem, simplifies payment flows, and accepts payments at scale in multiple currencies.

Key Points: 
  • Leveraging Stripes cutting-edge technology solutions, Society Pass expands the product and geographical reach of its ecosystem, simplifies payment flows, and accepts payments at scale in multiple currencies.
  • Since our incorporation, Society Pass has redefined the e-commerce experience for millions of registered consumers and hundreds of thousands of registered merchants in SEA.
  • SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023.
  • Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPas data capabilities and understanding of consumer shopping behaviour.

Society Pass (Nasdaq: SOPA)/ NusaTrip Collaborates with Periksa.id to Promote Indonesia's Wellness, Health, and Medical Tourism Recovery Strategy

Retrieved on: 
Monday, November 21, 2022

Wellness, Health, and Medical Tourism have been one of the Ministry of Tourism and Creative Economy's strategies for industry revival since the pandemic of COVID-19 hits.

Key Points: 
  • Wellness, Health, and Medical Tourism have been one of the Ministry of Tourism and Creative Economy's strategies for industry revival since the pandemic of COVID-19 hits.
  • "We believe that our technology and services can serve a broader range of travel demands and purposes than just leisure.
  • [1] NusaTrip is the travel vertical and part of Society Pass Inc. next-gen digital ecosystem and loyalty platform.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

Maxim Group: Society Pass (Nasdaq: SOPA) - Despite Challenging Global Macro Environment, Reiterates Positive Outlook on SOPA Based on Strong Revenue Generation and Compelling Valuation

Retrieved on: 
Thursday, November 17, 2022

During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.

Key Points: 
  • During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.
  • Maxim believes Thoughtful Media can market SoPa's other brands and the food delivery and luxury brand businesses can be expanded geographically.
  • - SOPA trades at an EV/revenue multiple of 0.5x Maxim 2023 revenue estimate with over half of its market cap in cash.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

Society Pass Inc (Nasdaq: SOPA) Reports Breakout 9 Month 2022 and 3Q 2022 Financial Results

Retrieved on: 
Tuesday, November 15, 2022

- SoPa completed a total of three acquisitions in 3Q 2022.

Key Points: 
  • - SoPa completed a total of three acquisitions in 3Q 2022.
  • Remarking on SoPa's breakout 3Q 2022 financial performance, Society Pass CFO, Raynauld Liang, comments, "Our continuing robust year-on-year and quarter-on-quarter sales expansion confirms our momentum building, acquisitions focused operating model.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.
  • Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour.

Society Pass (Nasdaq: SOPA) to Present at the Sigma Europe Gaming Festival on 14-18 November 2022

Retrieved on: 
Monday, November 14, 2022

Fintechs, such as the Society Pass loyalty platform, have disrupted virtually every vertical in the financial, e-commerce and gaming industries, and there's a wealth of opportunity to capitalize on as stakeholders.

Key Points: 
  • Fintechs, such as the Society Pass loyalty platform, have disrupted virtually every vertical in the financial, e-commerce and gaming industries, and there's a wealth of opportunity to capitalize on as stakeholders.
  • The Sigma Europe Gaming Festival brings together operators, providers, software developers, innovators, entrepreneurs and investors for three days of panels, discussions, keynote speeches, workshops and engaging networking events.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.
  • Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour.

Update: Society Pass (Nasdaq: SOPA)/ NusaTrip Collaborates with Periksa.id to Promote Indonesia’s Wellness, Health, and Medical Tourism Recovery Strategy

Retrieved on: 
Tuesday, November 22, 2022

Wellness, Health, and Medical Tourism have been one of the Ministry of Tourism and Creative Economys strategies for industry revival since the pandemic of COVID-19 hits.

Key Points: 
  • Wellness, Health, and Medical Tourism have been one of the Ministry of Tourism and Creative Economys strategies for industry revival since the pandemic of COVID-19 hits.
  • We believe that our technology and services can serve a broader range of travel demands and purposes than just leisure.
  • Our collaborations pave the way and build a roadmap in contributing to Indonesias wellness, health, and medical tourism industry, says Johanes (Joe) Chang, NusaTrips CEO.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.