Society Pass Inc (Nasdaq

SOPA) / NusaTrip Inc Partners with Vietnam-based Travel Platform, VN Travel Group, to Jointly Market to Vietnamese Customers

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 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. To simplify payments, VNTravel collaborates with major payment gateways such as Apple Pay, VNPay, and others.

With Vietnam posting strong post-pandemic recovery, expecting to grow its tourism sector by 8% YOY until 2027 with digital sales expected to account of over 63% of total revenues, the VNTravel partnership enables NusaTrip customers to explore the best travel offers to and from Vietnam, as well as empowering customers in Vietnam to transact with NusaTrip with ease and convenience by having these strategic integrations in place.

Patrick Soetanto, Nusatrip Chief Executive Officer, explains, “NusaTrip focuses on becoming the preferred destination for all travel needs here in SEA. As we grow outside of our traditional Indonesian market, we keep on improving and localizing our platform to match the needs and requirements of our SEA customers. The partnership with VNTravel enables NusaTrip to be on the same access level as leading online travel agencies in Vietnam, creating value and more options for local travelers as well as our partners. This partnership expands NusaTrip’s footprint overseas and further cements our position as the leading online travel agency in the region.”

Mr. Tran Binh Giang, CEO of VNTravel, shares, “The NusaTrip collaboration enhances the booking, searching and payment experience for our customers, providing them with a wider array of choices in international travel products. In addition, partnering with a prominent fintech company such as SOPA truly elevates VNTravel’s market positioning here in Vietnam.”

About NusaTrip
Established in 2013, NusaTrip is an IATA-licensed online travel agency that caters to local and global customers by harnessing cutting-edge technology and a 24/7 customer-centric support team-as-a-service. NusaTrip is now an integral part of Society Pass (Nasdaq: SoPa) ecosystem.