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home / news releases / SOPA - Society Pass' NusaTrip acquires Vietnam's VLeisure

SOPA - Society Pass' NusaTrip acquires Vietnam's VLeisure

Society Pass Incorporated

2023-04-13 09:15:46 ET

  • NusaTrip and the travel vertical of Society Pass ( NASDAQ: SOPA ) acquires Vietnam-based VLeisure, an online B2B hotel platform servicing small-to-medium size hotels in Vietnam and empowering online and offline travel agencies to manage and distribute travel products and services.
  • Leveraging on SoPa’s capital and NusaTrip’s technology, VLeisure will market its hotel management SaaS products to small-to-medium size hotels initially in Vietnam and then to the rest of SEA.
  • The move extends NusaTrip’s base of operations and geographical reach outside of Indonesia.
  • In future, 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.
  • Shares are down 2.64% premarket on Thursday.

For further details see:

Society Pass' NusaTrip acquires Vietnam's VLeisure
Stock Information
Company Name: Society Pass Incorporated
Stock Symbol: SOPA
Market: NASDAQ
Website: thesocietypass.com
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