Retrieved on:
Wednesday, November 29, 2023
As the leading travel technology company in Vietnam over the last 11 years, VNTravel offers over 30,000 premium accommodation options and partners with more than 200 global airlines.
Key Points:
- As the leading travel technology company in Vietnam over the last 11 years, VNTravel offers over 30,000 premium accommodation options and partners with more than 200 global airlines.
- VNTravel reaches various customer segments through different sales channels: domestic retail via Mytour.vn , international retail through Dinogo.com , travel agencies via Tripi.vn , and other B2B2C channels.
- Patrick Soetanto, Nusatrip Chief Executive Officer, explains, “NusaTrip focuses on becoming the preferred destination for all travel needs here in SEA.
- In addition, partnering with a prominent fintech company such as SOPA truly elevates VNTravel’s market positioning here in Vietnam.”
Retrieved on:
Wednesday, November 8, 2023
Under this partnership, NusaTrip and Jun Wei leverage their respective expertise in the SEA and China markets to create innovative solutions that streamline booking processes, improve customer service, and provide personalized travel recommendations.
Key Points:
- Under this partnership, NusaTrip and Jun Wei leverage their respective expertise in the SEA and China markets to create innovative solutions that streamline booking processes, improve customer service, and provide personalized travel recommendations.
- Both NusaTrip and Jun Wei are looking at co-branding services in the medium term to jointly market to their customer bases.
- NusaTrip and Jun Wei are strategically positioned to cater to these evolving needs, offering exceptional customer service, travel experience, and a diverse selection of travel choices.
- As travel returns to normal levels in China post pandemic, we are looking to grow alongside NusaTrip to develop a much bigger offering for our Asia Pacific business.”
Retrieved on:
Thursday, October 12, 2023
SoPa shall have the right, but not the obligation, to sell to Strattners up to $40,000,000 of SoPa’s common stock at SoPa’s request over the next 36 months, subject to certain limitations.
Key Points:
- SoPa shall have the right, but not the obligation, to sell to Strattners up to $40,000,000 of SoPa’s common stock at SoPa’s request over the next 36 months, subject to certain limitations.
- For instance, the amount that may be sold under the agreement will be subject to Instruction I.B.6 to Form S-3, which is referred to as the “baby shelf rules”.
- When the Company’s public float is less than $75,000,000, it may not sell more than the equivalent of one-third of its public float during any twelve consecutive months pursuant to the baby shelf rules.
- The shares of the Company’s common stock will be issued at a 6% discount to the lowest volume-weighted average price during the three trading days following the date of the Company’s request.
Retrieved on:
Tuesday, October 10, 2023
Sport,
Social,
Video,
SOPA,
Beauty,
Cooking,
Travel,
Ecosystem,
Policy,
Sopa,
TMG,
Retail,
SEA As a result of these discussions, SoPa will pursue a spinout and initial public offering on Nasdaq in 2024 for its digital advertising ecosystem, Thoughtful Media Group Inc (“TMG”), and for its online travel platform, NusaTrip Inc (“NusaTrip”).
Key Points:
- As a result of these discussions, SoPa will pursue a spinout and initial public offering on Nasdaq in 2024 for its digital advertising ecosystem, Thoughtful Media Group Inc (“TMG”), and for its online travel platform, NusaTrip Inc (“NusaTrip”).
- Nusatrip, a leading Indonesia-based online travel agency, offers a comprehensive range of airlines and hotels on its travel platform for corporate and retail customers across SEA.
- Initially only focused on the Indonesian market, NusaTrip has expanded to other SEA countries to become a first-choice travel provider throughout SEA.
- This new proposed group structure will further increase both their operational agility and ability to focus on delivering exceptional solutions to their customers.”
Retrieved on:
Thursday, October 12, 2023
SoPa shall have the right, but not the obligation, to sell to Strattners up to $40,000,000 of SoPa's common stock at SoPa's request over the next 36 months, subject to certain limitations.
Key Points:
- SoPa shall have the right, but not the obligation, to sell to Strattners up to $40,000,000 of SoPa's common stock at SoPa's request over the next 36 months, subject to certain limitations.
- For instance, the amount that may be sold under the agreement will be subject to Instruction I.B.6 to Form S-3, which is referred to as the "baby shelf rules".
- When the Company's public float is less than $75,000,000, it may not sell more than the equivalent of one-third of its public float during any twelve consecutive months pursuant to the baby shelf rules.
- The shares of the Company's common stock will be issued at a 6% discount to the lowest volume-weighted average price during the three trading days following the date of the Company's request.
Retrieved on:
Tuesday, October 10, 2023
Sport,
Social,
The News Lens,
Video,
SOPA,
Beauty,
Cooking,
Travel,
Ecosystem,
Policy,
Strategic business unit,
Sopa,
TMG,
The Company,
Retail,
SEA As a result of these discussions, SoPa will pursue a spinout and initial public offering on Nasdaq in 2024 for its digital advertising ecosystem, Thoughtful Media Group Inc ("TMG"), and for its online travel platform, NusaTrip Inc ("NusaTrip").
Key Points:
- As a result of these discussions, SoPa will pursue a spinout and initial public offering on Nasdaq in 2024 for its digital advertising ecosystem, Thoughtful Media Group Inc ("TMG"), and for its online travel platform, NusaTrip Inc ("NusaTrip").
- Nusatrip, a leading Indonesia-based online travel agency, offers a comprehensive range of airlines and hotels on its travel platform for corporate and retail customers across SEA.
- Initially only focused on the Indonesian market, NusaTrip has expanded to other SEA countries to become a first-choice travel provider throughout SEA.
- This new proposed group structure will further increase both their operational agility and ability to focus on delivering exceptional solutions to their customers."
Online,
IATA,
Software as a service,
IPO,
Vietnam National Administration of Tourism,
B2B,
Marketing,
Head,
Sopa,
OTA,
Phan,
SEA,
B2C,
Government,
Acquisition,
SOPA,
Knowledge,
Growth,
Ecosystem,
Tourism,
Travel The VLeisure acquisition extends NusaTrip's base of operations and geographical reach outside of Indonesia for the first time.
Key Points:
- The VLeisure acquisition extends NusaTrip's base of operations and geographical reach outside of Indonesia for the first time.
- Going forward, NusaTrip will continue to acquire online and offline travel agencies in SEA as it builds a regional travel platform servicing the booming SEA travel market.
- The VLeisure acquisition comes at an opportune time for NusaTrip with the dramatic rebound in the SEA travel market from the depths of the Covid pandemic.
- According to Web In Travel, gross bookings in 2025 will reach 94% of the record 2019 levels.
Online,
IATA,
Software as a service,
IPO,
Vietnam National Administration of Tourism,
B2B,
Marketing,
Internet,
Head,
Sopa,
OTA,
Phan,
SEA,
B2C,
Government,
Acquisition,
SOPA,
Knowledge,
Growth,
Ecosystem,
Tourism,
Travel The VLeisure acquisition extends NusaTrip’s base of operations and geographical reach outside of Indonesia for the first time.
Key Points:
- The VLeisure acquisition extends NusaTrip’s base of operations and geographical reach outside of Indonesia for the first time.
- Going forward, NusaTrip will continue to acquire online and offline travel agencies in SEA as it builds a regional travel platform servicing the booming SEA travel market.
- The VLeisure acquisition comes at an opportune time for NusaTrip with the dramatic rebound in the SEA travel market from the depths of the Covid pandemic.
- Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer and NusaTrip Chairman, expounds, “We happily welcome VLeisure into our ever-expanding NusaTrip ecosystem.
US,
Tourism,
Civil Aviation Authority of Vietnam,
SEA,
Ecosystem,
Travel,
COVID-19,
OTA,
Sopa,
Growth,
SOPA,
IATA,
Drug According to ASEANFocus, 16 million international tourists and 80 million domestic travelers are projected to spend US$34 billion total travel revenue from 2024 to 2026.
Key Points:
- According to ASEANFocus, 16 million international tourists and 80 million domestic travelers are projected to spend US$34 billion total travel revenue from 2024 to 2026.
- In addition, Civil Aviation Authority of Vietnam also expects a full travel recovery by December 2023 with around 34 million passengers from Vietnam expected to travel internationally, tripling the travel volume from 2022.
- As recovery continues, we are optimistic towards the market in Vietnam", explained Ngo Thi Cham, Society Pass Vietnam Country Manager.
- Last year, Society Pass acquired NusaTrip, a Jakarta-based online travel agency to foray into the travel business in SEA.
Ecosystem,
Travel,
Growth,
US,
SOPA,
Tourism,
COVID-19,
OTA,
Civil Aviation Authority of Vietnam,
SEA,
Drug According to ASEANFocus , 16 million international tourists and 80 million domestic travelers are projected to spend US$34 billion total travel revenue from 2024 to 2026.
Key Points:
- According to ASEANFocus , 16 million international tourists and 80 million domestic travelers are projected to spend US$34 billion total travel revenue from 2024 to 2026.
- In addition, Civil Aviation Authority of Vietnam also expects a full travel recovery by December 2023 with around 34 million passengers from Vietnam expected to travel internationally, tripling the travel volume from 2022.
- As recovery continues, we are optimistic towards the market in Vietnam,” explained Ngo Thi Cham, Society Pass Vietnam Country Manager.
- Last year, Society Pass acquired NusaTrip, a Jakarta-based online travel agency to foray into the travel business in SEA.
