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Society Pass (SoPa) Marks First Foray Into Thailand by Acquiring Bangkok-Headquartered Thoughtful Media Group, Southeast Asia’s Leading Digital Video Multi-Platform Network and Social Commerce Platform

Retrieved on: 
Monday, July 11, 2022

Originally founded in 2010, Thoughtful Media today creates and distributes digital advertising campaigns across its MPN in both SEA and the US.

Key Points: 
  • Originally founded in 2010, Thoughtful Media today creates and distributes digital advertising campaigns across its MPN in both SEA and the US.
  • And according to Accenture, the social commerce market is poised to grow to US$1.2 trillion by 2025 at a CAGR of 26%.
  • Dan Thorman, Thoughtful Media Chief Executive Officer, explains, Thoughtful Media is led by an experienced management team in SEA and the US.
  • Society Pass business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points.

Society Pass (SoPa) Marks First Foray into Thailand by Acquiring Bangkok-Headquartered Thoughtful Media Group, Southeast Asia's Leading Digital Video Multi-Platform Network and Social Commerce Platform

Retrieved on: 
Monday, July 11, 2022

Originally founded in 2010, Thoughtful Media today creates and distributes digital advertising campaigns across its MPN in both SEA and the US.

Key Points: 
  • Originally founded in 2010, Thoughtful Media today creates and distributes digital advertising campaigns across its MPN in both SEA and the US.
  • And according to Accenture, the social commerce market is poised to grow to US$1.2 trillion by 2025 at a CAGR of 26%.
  • Thoughtful Media's social commerce platform amplifies the reach and engagement of SoPa's e-commerce ecosystem and retail partners.
  • Society Pass business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points.

Society Pass (SoPa) Launches Society Pass (Beta Version)/Society Points Targeted at the Digital First Southeast Asia Region

Retrieved on: 
Monday, June 27, 2022

Singapore, June 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Society Pass Incorporated(SoPa) (Nasdaq: SOPA), Southeast Asia’s leading data-driven loyalty and e-commerce ecosystem, today announces the launch of the beta version of its universal, open-loop loyalty application, Society Pass, to earn and redeem loyalty points, Society Points, endeavouring to create permanent customer loyalty and replace cash discounting whilst generating additional revenues for merchants. 

Key Points: 
  • Prospective consumers and merchants can now download the beta version of Society Pass on:
    Digital loyalty programs are key to customer retention within highly competitive verticals and now call for interconnected experiences more than ever.
  • With the view of hard launching the loyalty platform in 4Q 2022,at such time, users can pay for goods and services in-store, in-app or online.
  • Society Pass business model focuses on analysing user data through with its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty.
  • Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform.

Society Pass (SoPa) Launches Society Pass (Beta Version)/Society Points Targeted at the "Digital First" Southeast Asia Region

Retrieved on: 
Monday, June 27, 2022

E-commerce shoppers demand multiple touchpoints to purchase goods and services, earn redeem loyalty points, and refer friends with frictionless ease.

Key Points: 
  • E-commerce shoppers demand multiple touchpoints to purchase goods and services, earn redeem loyalty points, and refer friends with frictionless ease.
  • Society Pass' multi-brand ecosystem allows consumers to earn and redeem points at numerous types of retailers, whilst facilitating a unified approach to customer rewards and incentives for merchants.
  • Society Pass' digital wallet allows users to pay for goods and services by scanning QR Codes and making payments via credit card, debit card, or Society Points.
  • Society Pass business model focuses on analysing user data through with its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty.

Argus Research: Society Pass (Nasdaq: SOPA) – Fair Value Represents Significant Upside from Current Valuation

Retrieved on: 
Monday, May 23, 2022

In May 2022, Society Pass reported first-quarter 2022 revenues of $445,090, representing more than 4,600% growth over the prior-year period.

Key Points: 
  • In May 2022, Society Pass reported first-quarter 2022 revenues of $445,090, representing more than 4,600% growth over the prior-year period.
  • As of March 31, 2022, Society Pass held nearly $31 million in cash on its balance sheet, with no debt.
  • As of March 2022, Society Pass had amassed more than 1.6 million registered users and over 5,500 affiliated merchants.
  • Based on Argus EV/revenue analysis, Argus arrives at a fair value estimate for SOPA of $10 per share, well above current levels.

Maxim: Society Pass (Nasdaq: SOPA) - 1Q22 Results and Outlook; Positive on Opportunities in the SE Asia E-commerce Market

Retrieved on: 
Thursday, May 19, 2022

1Q22 results reported on May 17, 2022 with the company in the early stages of launching online services and adding new acquisitions.

Key Points: 
  • 1Q22 results reported on May 17, 2022 with the company in the early stages of launching online services and adding new acquisitions.
  • A loyalty rewards program will be launching this summer and has the potential to create upside with high margin business.
  • 1Q22 results highlight early stages of building a Southeast Asian ecommerce company.
  • Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets.

Society Pass Incorporated (Nasdaq: “SOPA”) to Present at the H.C. Wainwright 2022 Global Investment Conference May 23-26, 2022

Retrieved on: 
Monday, May 16, 2022

The in-person venue for the event is the Fontainebleau Hotel located at 4441 Collins Avenue, Miami Beach, FL.

Key Points: 
  • The in-person venue for the event is the Fontainebleau Hotel located at 4441 Collins Avenue, Miami Beach, FL.
  • Mr. Nguyen will host a company presentation and answer questions from investors, as well as participate in 1-on-1 investor meetings over four days.
  • If you are an institutional investor, and would like to listen to the Companys presentation, please click on the following link ( www.hcwevents.com/globalconference ) to register for the conference.
  • Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets.

Society Pass Incorporated (Nasdaq: SOPA) to Present at the Planet MicroCap Showcase 2022 in Las Vegas on 04 May 2022

Retrieved on: 
Monday, May 2, 2022

Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets.

Key Points: 
  • Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets.
  • Its business model focuses on collecting user data through the expected circulation of its universal loyalty points, Society Points.
  • Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform.
  • If you would like to attend the Planet MicroCap Showcase, please register here: https://planetmicrocapshowcase.com/signup .

Argus Research Initiates Equity Research Report Coverage on Society Pass Inc. (NasdaqCM: SOPA)

Retrieved on: 
Monday, April 4, 2022

NEW YORK, April 4, 2022 /PRNewswire/ --Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Society Pass Inc. (NasdaqCM: SOPA)

Key Points: 
  • NEW YORK, April 4, 2022 /PRNewswire/ --Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Society Pass Inc. (NasdaqCM: SOPA)
    COMPANY HIGHLIGHTS: Excerpts (asconveyed by Argus Analyst Steve Silver) include:
    Society Pass is an e-commerce company operating in fast-growing Southeast Asian markets.
  • Society Pass plans to integrate these diverse businesses through a loyalty program called Society Points, which it will launch in 2Q.
  • In February 2022, Society Pass acquired Pushkart, a Philippines online grocery delivery app with its own fleet of delivery vehicles.
  • Argus's Equity Research & earnings estimates are available on major research / earnings estimate aggregator platforms, including Bloomberg, Thomson Reuters, Factset and S&P Global.

Society Pass (SoPa) Reports Full Year 2021 Financial Results, Sees 891% Year on Year Revenue Growth

Retrieved on: 
Thursday, March 24, 2022

"2021 has been a strong year for SoPa in spite of the impact from the Delta and Omicron variants.

Key Points: 
  • "2021 has been a strong year for SoPa in spite of the impact from the Delta and Omicron variants.
  • Despite only operating in only the last four months of 2021, Leflair recognized monthly double digit revenue growth in the fourth quarter.
  • With the region rapidly pivoting to recovery, we expected to see robust eCommerce growth in both transaction volume and basket size.
  • Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets.