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