News & Videos - SOCIETY PASS INC. - English

SINGAPORE, June 20, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA), Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce ecosystem, is gearing up for the upcoming IPOs of its key subsidiaries, NusaTrip.com and Thoughtful Media Group. NusaTrip.com, a leading travel platform in Indonesia, and Bangkok’s innovative advertising agency, Thoughtful Media Group, are set to undergo significant enhancements to increase customer engagement, expand market reach, and deliver...

SINGAPORE, May 28, 2024 (GLOBE NEWSWIRE) -- Ascendiant Capital compiles a report on The Society Pass (NASDAQ: SOPA) fiscal Q4 2023 results and estimates adjusted revenue of $10million. Ascendiant Capital believes that continued strong economic expansion, robust population growth, rising level of urbanization, the emergence of the middle class, and the increasing rate of adoption of mobile technology provide large and fast-growing opportunities for Society Pass. In October 2023, The Society Pass...

SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA) (“SoPa” or the “Company”), a leading e-commerce ecosystem in Southeast Asia (“SEA”), announced a formal notification from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company’s common stock to maintain a minimum bid price of $1.00 per share. Nasdaq made this determination after the closing bid price for Company’s...

SINGAPORE, May 01, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (NASDAQ: SOPA) (“SoPa” or the “Company”), a leading e-commerce ecosystem in Southeast Asia (“SEA”), is excited to offer additional details related to its successful financing of future growth initiatives, including the Company’s ability to spin off various subsidiaries to monetize intrinsic value and finance future acquisition opportunities. As announced on April 24, 2024, following the recent securing of an equity line...

NEW YORK, April 26, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SOPA” or the “Company”), Southeast Asia’s (SEA) next generation, e-commerce ecosystem, today announced that the board approved a proposed 1-for-15 shares reverse split of its common stock (the "Reverse Split"). Beginning with the opening of trading on May 1, 2024, the Company's common stock will begin trading on a post-Reverse Split basis on the Nasdaq Capital Market under the same symbol "SOPA", but under...

SINGAPORE, April 24, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. (SoPa), a leading e-commerce ecosystem in Southeast Asia (SEA), announces its first drawdown on a financing line to continue its growth journey. Following the recent securing of an equity line of up to $40 million, to support Society Pass’s plans for potential public offerings of its subsidiaries, SoPa has issued its first advance notice to Strattners FZCO, the Family Office of Strattners Bank SA. The notice entails the issuance...

NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SOPA ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, continues to capture the attention of financial analysts and investors, receive positive recommendations and achieve significant milestones. SOPA has accomplished annual triple digit revenue growth over the past four years through its innovative business model by acquiring high...

NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that Litchfield Hills Research (“ Litchfield Hills ”) has initiated equity research coverage on SOPA. Click Here (on Society Pass website) to view the full Litchfield Hills Equity Research Report. Summary Points: • Investment Thesis : SOPA is a high-growth acquisitive...

NEW YORK, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, and Thoughtful Media Group Inc (" Thoughtful Media Group " or " TMG "), a Thailand-based social commerce-focused, premium digital advertising network of the SoPa ecosystem, announces that Greenridge Global LLC (“ Greenridge ”) has initiated equity research coverage on TMG. Click...

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that Ascendiant Capital Markets LLC (“ Ascendiant ”) has issued an equity research update. Click Here (on Society Pass website) or Here (on Ascendiant website) to view the full Ascendiant Equity Research Report. Summary Points: • Valuation : Ascendiant maintains a...

JAKARTA, Indonesia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- NusaTrip (“NusaTrip”), the online travel platform of Society Pass Incorporated (“SoPa”) ( Nasdaq: SOPA ), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces strategic partnership with VNTravel Group (“VNTravel”), which enables NusaTrip to directly supply regional and international flights and hotels to VNTravel’s Vietnamese customers. As the leading travel technology company...

NEW YORK, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that it has received an extension until 20 May 2024 to regain compliance with NASDAQ Listing Rules. The NASDAQ extension letter was filed in a Form 8-K with the U.S. Securities and Exchange Commission (“SEC”) on 22 November 2023. Click Here (on S EC website) to view Form...

NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that Maxim Group LLC (“ Maxim ”) has issued equity research update. Click Here (on Society Pass website) or Here (on Maxim website) to view the full Maxim Equity Research Report. Summary Points: • Valuation : SOPA trades at an EV/revenue multiple of 0.1x Maxim’s 2024...

NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that Greenridge Global LLC (“ Greenridge Global ”) has issued equity research update. Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report. Summary Points: • Valuation : Greenridge Global’s valuation is based on an EV/Revenue...

NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (“SoPa”) , Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces unaudited financial results for third quarter ended 30 September 2023 and a filing of its 3Q 2023 Form 10-Q with the Securities and Exchange Commission (SEC). Click Here (on SEC website) to view 3Q 2023 Form 10-Q filing. Summary Points: • With cash on hand of $8.2 million...

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (“SoPa”) , Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces that it has applied to The Nasdaq Stock Market (“Nasdaq”) requesting an additional 180 days to comply with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). With the exception of the bid price requirement,...

JAKARTA, Indonesia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- NusaTrip ("NusaTrip"), the online travel arm of Society Pass Incorporated ("SoPa") ( Nasdaq: SOPA ), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces strategic partnership with China-based Guangzhou Junwei International Travel Service Co. Ltd. (“Jun Wei”) to enhance travel options and experience for customers in both SEA and the People’s Republic of China (China). Founded in 2008...

NEW YORK, NY, Nov. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Greenridge Global LLC (“ Greenridge Global ”) initiates equity research coverage on Society Pass Inc. ( Nasdaq: SOPA ) (“ SoPa ” or the “ Company ”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem. Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report. About Greenridge Global LLC Greenridge Global was founded in June 2012 with...

SINGAPORE, Nov. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Society Pass Incorporated ("SoPa”) (Nasdaq: SOPA) , Southeast Asia’s (SEA) next-generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that it received the Enterprise Asia’s 2023 “Fast Enterprise Award for E-Commerce” award. The Asia Pacific Enterprise Awards (APEA) ceremony was held on 05 October 2023 at the Log Hotel in Ho Chi Minh City, Vietnam. Through the prestigious APEA programme, Enterprise...

JAKARTA, Oct. 24, 2023 (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 that it will commence sponsoring local live music events in SEA, resulting in creating unique marketing opportunities for...