loyalty – Asia Tab

Libra Incentix Partners with TAMIAS to Offer Blockchain-based Loyalty Rewards

6 12 月, 2022

Singapore, December 06, 2022 – (SEAPRWire) – Libra Incentix (LIX) today announces yet another new partnership with TAMIAS, a leading global Point of Sale System (POS) company that will see LIX loyalty points offered to fans and locals at over 500 pop restaurants in Qatar as a reward for repeat purchase. Speaking at the signing of the partnership, co-founder Andrew Doxsey termed the alliance as an excellent opportunity for TAMIAS customers who will enjoy customized offers that suit their needs in the LIX ecosystem that boasts of several global brands. “We are excited to be signing this partnership with TAMIAS today. LIX will be walking hand to hand with TAMIAS to offer over 100,000 fans in Qatar customized LIX loyalty points that will provide offers that suit their needs. In addition, customers will have the opportunity to redeem personalized digital gifts and rewards with unique benefits from various global brands within the LIX ecosystem,” he said. Andrew further mentioned the partnership would propel LIX’s continued brand visibility and engagement to a global audience during the month-long tournament, a move that will boost its overall revenue by the end of the year 2022. “According to Qatar, 0ver 2.4 million match tickets have been sold, and with TAMIAS as the preferred POS for customers in over 400 pop-up restaurants, we believe the partnership will put The LIX brand in front of around one million people by the end of this year,” added Andrew. “The partnership with TAMIAS is also a testimony to the trust and belief global and leading brands have in entrusting their customer loyalty programs with LIX.” TAMIAS Founder & CEO, Mr. Dumas Jr., noted the partnership will, in the end, benefit the customer as they will be able to identify loyal customers and reward them appropriately. “We are happy to be signing this partnership today with LIX. As a POS service provider, our aim is to help store owners centralise their multiple sources of data to make their business life easier. LIX helps us diversify our reward systems, customizing them for the diverse customer base we serve, especially in Qatar where millions will be arriving to watch the games,” added Mr. Dumas Jr. Loyalty programs are an often-overlooked aspect of customer experience, but they can be vital in building relationships and loyalty with customers—when they’ re done well, he further explained. “Slowly, we will be re-inventing loyalty programs in the marketplace through strategic partnerships such as this. Our vision is to enable large and small brands to build their own ecosystems with their own loyalty currencies that can be monetized and managed over block chain,” noted Andrew. LIX offers other solutions, such as employee incentive programs that can be tailored to incentivize employee behavior. The company has already sold 2.3 billion tokens, partnering with global brands which are to be announced separately. Social Links Telegram: https://t.me/LibraIncentix Media Contact Brand: Libra Incentix Contact: Rafael Soultanov Email: LIX.PR@libraincentix.com Website: https://home.libraincentix.com/ SOURCE: Libra Incentix The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

ACN Newswire

Society Pass Appoints Management Team for Nusatrip; Unveils New Nusatrip Logo, Features on Website/App and Plans for Society Pass’ Customer-Centric Digital Ecosystem and Loyalty Platform for Indonesia and in Southeast Asia

10 11 月, 2022

JAKARTA, Nov 10, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's ("SEA") leading data-driven fintech and e-commerce ecosystem, today introduces the new Nusatrip CEO and announces its strategic plans moving forward, expanding Nusatrip business coverage throughout SEA. The recent acquisition of Nusatrip International Pte Ltd ("Nusatrip"), a Indonesia-based pioneer in the Online Travel Agent ("OTA") sector, extends Society Pass' reach into the booming SEA regional travel industry with a strong commitment to developing a vibrant online travel platform for both merchants and consumers in SEA.Society Pass executives announces the appointment of Nusatrip's new CEO, Johanes (Joe) Chang, welcoming Nusatrip into Society Pass' growing ecosystem of technology enabled companies, joining the Society Pass team in its brand new Indonesia office in Jakarta and unveiling Nusatrip's new logo and features for its website and app. Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, explains, "We are happy to announce the opening of Society Pass' and Nusatrip's Indonesia office as one of our important milestones in synergistically growing the OTA business within the Society Pass e-commerce ecosystem and loyalty platform. With his many years of experience in managing travel and technology companies, Joe will immensely contribute and drive Nusatrip to greater heights in the years ahead."Society Pass steps into the Indonesia market with a big agenda; to strengthen its position as the pioneer of the next-generation digital ecosystem and loyalty platform in Indonesia and throughout SEA. SoPa looks to acquire attractively valued companies in SEA to join its next generation digital ecosystem with key focuses on loyalty, lifestyle, F&B delivery, telecommunications, digital media, and travel.Patrick Soetanto, Society Pass Indonesia Country Manager, adds, "Jo will drive our journey in generating new revenue streams by integrating Nusatrip's robust technology and operational efficiency of its leading e-commerce travel platform into our ecosystem. We are reenergizing the OTA business in Indonesia and throughout SEA, to meet the increasing demand of pre-pandemic travel in the regions. More importantly, both Society Pass and Nusatrip aim to boost the travel and digital economy sectors in Indonesia."Johanes (Jo) Chang, CEO, Nusatrip elaborates, "I would like to thank both Messrs. Nguyen and Soetanto for placing their trust in me to lead Nusatrip and am honored to take on the position as Nusatrip's new CEO. By integrating into the Society Pass fintech and e-commerce ecosystem, Nusatrip embarks on regional expansion and unlimited avenues to grow more channels and revenue streams. With strong support from Society Pass and partners, we are gearing up towards the recovery of the travel industry in Indonesia and SEA in 2023 and 2024."Jo adds, "Nusatrip's mission is to become a world-class OTA and the most reliable partner for airlines and hotels, offering wide range of travel and tourism related products, services, and experiences to our customers and business partners globally. With our industry recovering from the pandemic, we will continue working within our digital ecosystem and loyalty platform to offer better travel products and services for our customers across SEA."About Society Pass IncFounded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines.For more information on Society Pass, please check out:Website at https://www.thesocietypass.com orLinkedIn at https://www.linkedin.com/company/societypass orFacebook at https://www.facebook.com/thesocietypass orTwitter at https://twitter.com/society_pass orInstagram at https://www.instagram.com/societypass/.About NusatripFounded in 2013, NusaTrip is an IATA licensed online travel agency that serves both local and global customers and partners by optimizing cutting-edge technology and providing quality customer-centric support team-as-a-service. In 2022, NusaTrip has officially joined the Society Pass (Nasdaq: SoPa) ecosystem, with headquarters in Jakarta and representative offices in Singapore, Vietnam, Philippines and Thailand. For more information, please check out: https://www.nusatrip.com/.Cautionary Note Concerning Forward-Looking StatementsThis press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Think Equity: Society Pass (Nasdaq: SOPA) – Initiating Coverage on Digital Commerce Platform for Southeast Asia with Upside Potential

29 9 月, 2022

NEW YORK, Sep 29, 2022 - (ACN Newswire via SEAPRWire.com) - Think Equity, LLC ("Think Equity") initiates coverage on Society Pass Inc. (Nasdaq: SOPA) ("SoPa").Click Here (on Society Pass website) to view the full Think Equity research report. https://thesocietypass.com/wp-content/uploads/2022/09/ThinkEquity_SocietyPass_Initiation_ResearchReport_26Sep2022.pdfSummary Points:- ECommerce Holding Company. Society Pass is an acquisition-focused eCommerce holding company operating six interconnected verticals in loyalty, lifestyle, food and beverage, telecoms, digital media, and travel, connecting millions of registered consumers and thousands of registered merchants in Southeast Asia. The company has on-boarded more than 3.3 million registered consumers and over 200K registered merchants and brands. The company generated $520K of sales in 2021, with a revenue forecast of $9.5 million for 2022 and $42.7 million for 2023.- Seasoned and Diverse Executive Team. The company is led by a team of seasoned Asia-based executives who have spent a total of over 150 years on the ground in Asia with operating, marketing, technology and financial experience there. Society Pass is the sixth company that Dennis Nguyen, Group Founder, Chairman and CEO, has taken public. Over half the executives and employees are female. The company's board of directors brings diverse experiences from technology to finance, to legal, to investment banking/private equity. The company has built a sophisticated technology platform in four years and on-boarded over 3.3 million registered consumers and over 200k registered merchants/brands.- Integrated Ecosystem. Society Pass acquires companies in targeted verticals, which include lifestyle, food and beverage delivery, travel, digital media, telecommunications, and loyalty. In the lifestyle vertical, the company acquired Leflair in February 2021 and relaunched in the Vietnamese marketplace in September 2021. In food and beverage delivery, the company acquired Pushkart and Handycart in February 2022 and Mangan in July 2022. In July 2022, the company acquired Thoughtful Media, a Thailand-based digital media company. In August 2022, the company acquired NusaTrip, an Indonesia-based leading Southeast Asia OTA. The business model is to acquire companies in targeted verticals and integrate them into the platform.- Society Points. A Virtuous Cycle of Revenue Generation and Loyalty Creation in SEA. The company opportunistically acquires attractively valued companies to synergistically generate additional revenue streams, optimize efficiencies for merchants, and more cost-effectively aggregate consumers and merchants through synchronized marketing campaigns. The company's loyalty platform, Society Points, drives this revenue generation and loyalty creation processes. The company has launched a beta version of the Society Pass app in June 2022 and expects to fully launch the app in 1Q 2023.- Strategies for Digital Commerce in Asia/Pacific. Southeast Asia's digital commerce revenue is expected to reach a 10-year CAGR of 32% by 2025. Business unit leaders, like Society Pass, carefully select their markets. Based on industry estimates, the expected growth of consumer spending on digital commerce for the Southeast Asian region will exceed $88 billion by 2025. This comes from a low penetration of the total retail market. Southeast Asia presents attractive growth opportunities and challenges for SoPa.- Growth Strategies. As the company continues to acquire e-commerce platforms and apps in Southeast Asia, it should dramatically increase its revenue base, registered customer base, and registered merchant base. The company beta-launched its Society Pass loyalty platform in the second quarter 2022. The company is constantly upgrading its HR talent, especially identifying and mentoring female executives. It has built a powerful and integrated technology ecosystem targeting Southeast Asia, and operates in three of the world's most attractive and fast-growing economies. Its senior executives have spent most of their lives in Southeast Asia running companies.- Valuation. Think Equity's 12-month price target is $6, based on 3.9x FY23 sales per share estimate.- Solid Financials. As of June 30, 2022, the company had cash and cash equivalents of $28 million. For the six months ended June 30, 2022, the company's stockholders' equity was $35 million.About Society Pass IncFounded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.Cautionary Note Concerning Forward-Looking StatementsThis press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

SeaPRwire

AsiaTop Announces Ambitious Global Expansion and Web3-Based Tradable Loyalty Programs

5 9 月, 2022

Hong Kong, September 05, 2022 – (SEAPRWire) – AsiaTop Loyalty, one of the largest loyalty rewards solution companies in Hong Kong and the Greater Bay Area, after its USD 10 million fundraising round, AsiaTop Loyalty has announced a rapid market expansion plan across Asia Pacific and Europe, leveraging web 3.0 and Metaverse. With its headquarter incorporated in Hong Kong, and part of its market expansion plan across Asia Pacific and Europe, AsiaTop is planning to open a Singapore office and to further collaborate with its strategic investor in London after the recent USD 10 million fundraising round. Early this year, AsiaTop has successfully launched AsiaTop 2.0 App with an innovative loyalty-as-a-service model to merchants for their CRM and membership programme. With the newly launched AT Bird Metaverse, AsiaTop has developed a long-term strategy by leveraging the Web 3.0 ecosystem to foster the connectivity and new experiences for the engagements of customers and merchants. “Our customer base has reached over 1 million of active users, whilst well supported and served by over 50,000 merchants, positioning AsiaTop as an unicorn and the largest loyalty solution company in Hong Kong and the Greater Bay Area,” said Andy Chen, the CEO of AsiaTop Loyalty. He also added: “With our headquarter founded in Hong Kong (the city that ranked #1 Fintech Hub in Asia for 2021), we are also eyeing on other fast growing markets such as Southeast Asia countries, including Thailand, Philippines, Malaysia and Singapore. Riding on our strong strategic partnership with Syndicate Capital Group as well as other strategic investors, we are seriously considering exploring business opportunities and capital markets from London and other European countries. AsiaTop is entering into Web 3.0 ecosystem to increase our data driven customer engagement and to boost our revenue and marketing ROI. AT Brid Metaverse is one of our priority projects, which is probably the 1st ever tradable loyalty NFT in Hong Kong and Great Bay Area. We expect the AT Bird Metaverse will boost our ROI by up to 12x through gamified customer experience.” About AsiaTop AsiaTop Loyalty is a leading loyalty rewards solution provider with consumer app that will be shared by 70 million of population in the Greater Bay Area. It provides a convenient and affordable consumer coupon platform for hundreds of thousands of merchants and partners, including those in Hong Kong. AsiaTop was ranked first in the 2021 Deloitte Hong Kong Technology Fast & Rising Star Program. It was also the winner of IFTA Fintech Achievements Award. Social Links Linkedin: https://www.linkedin.com/company/asiatoployalty/ Facebook: https://www.facebook.com/at.reward/ Media Contacts Brand: Asiatop Loyalty Limited Contact: Andy Chen E-mail: andy.chen@asiatop.asia / info@asiatop.asia Website: https://en-asiatop.com/ SOURCE: Asiatop Loyalty Limited The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

ACN Newswire

Society Pass (Nasdaq: SOPA) Founder, Chairman and CEO, Dennis Nguyen, to Speak at the Wild Digital Southeast Asia 2022 Conference on 07 September 2022

5 9 月, 2022

SINGAPORE, Sep 5, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated (Nasdaq: SOPA) ("SoPa"), Southeast Asia's ("SEA") leading data-driven loyalty and e-commerce ecosystem, today announced that Founder, Chairman and Chief Executive Officer, Dennis Nguyen will speak at the Wild Digital Southeast Asia 2022 Conference at 11:30 AM (GMT +8) on Wednesday, 07 September 2022 at Le Meridien Kuala Lumpur, Malaysia. He will participate in the panel discussion titled The New Roll-Up Play: Evolution of Ecommerce Aggregators in SEA. Bringing together some of the eCommerce roll-up industry's most influential thought leaders for the panel discussion, Mr Nguyen along with the other speakers will explore the core trends and technologies shaping the future of digital eCommerce aggregators, strategies for maintaining industry dominance in SEA as well as how one can gear up to a successful exit.Southeast Asia presents huge opportunities given the rapidly increasing mobile and internet penetration in the region, paired with very attractive young demographics. The market opportunity for e-commerce companies is expanding at an ever-increasing rate in SEA, where a surge in digital adoption is driving user and merchant uptake as well as creating new technologies and accompanying business models.Society Pass's success up to this point has been built through offering unique value for both consumers and merchants, along with a sophisticated software infrastructure supporting that exchange. Society Pass consumers easily search and order anything they want through the Company's various interconnected mobile and web platforms. Society Pass's strategic alliances, delivery arrangements, and payment processing are also done within the platform, reducing the inconvenience of checkout for consumers.About Society Pass IncFounded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions. Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Society Pass (SoPa) Launches Society Pass (Beta Version)/Society Points Targeted at the “Digital First” Southeast Asia Region

27 6 月, 2022

SINGAPORE, Jun 27, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia's leading data-driven loyalty and e-commerce ecosystem, today announces the launch of the beta version of its universal, open-loop loyalty application, Society Pass, to earn and redeem loyalty points, Society Points, endeavouring to create permanent customer loyalty and replace cash discounting whilst generating additional revenues for merchants. Prospective consumers and merchants can now download the beta version of Society Pass either on:- Apple Store ( https://apps.apple.com/us/app/society-pass/id1629605732 ) or- Google Play ( https://play.google.com/store/apps/details?id=com.sopa.loyalty ).Digital loyalty programs are key to customer retention within highly competitive verticals and now call for interconnected experiences more than ever. E-commerce shoppers demand multiple touchpoints to purchase goods and services, earn redeem loyalty points, and refer friends with frictionless ease. Society Pass' multi-brand ecosystem allows consumers to earn and redeem points at numerous types of retailers, whilst facilitating a unified approach to customer rewards and incentives for merchants.SoPa management expects to finetune and integrate the beta version of its loyalty platform with selected groups of consumers and merchants in Vietnam, Indonesia, Philippines, Thailand, and Singapore in 2H 2022. With the view of hard launching the loyalty platform in 4Q 2022, at such time, users can pay for goods and services in-store, in-app or online. Society Pass' digital wallet allows users to pay for goods and services by scanning QR Codes and making payments via credit card, debit card, or Society Points. SoPa aims to provide an easy and convenient online e-commerce shopping experience, with a single UI/UX that integrates with all the businesses within its ecosystem.Dennis Nguyen, Founder, Chairman and Chief Executive Officer of SoPa comments on the launch of the beta version of Society Pass, "The Southeast Asian retail sector is at the cusp of a massive transformation powered by the data driven meta economy. We designed a gorgeous user interface backed by sophisticated backend end infrastructure to kickstart a virtuous cycle of revenue generation and loyalty creation, where Society Pass and Society Points generates more revenues for merchants by retaining existing customers, attracting new customers, reducing customer turnover and syncing customer data through real-time, personalised marketing campaigns. SoPa aggregates data across various touch points which builds a realistic view of consumer behaviour"."As we said in our IPO last November 2021, we introduce Society Pass in 2Q 2022 with the view of creating permanent customer loyalty for merchants by designing unique, personalised experiences consumers and make shopping even more rewarding across our family of brands. Our business strategy encourages cross-vertical shopping, ultimately keeping an increasing share of wallet within SoPa's ecosystem. We are confident that our customers will redirect their spend to where they gain the most value: our loyalty program," he adds.About Society PassAs a loyalty and data marketing ecosystem and focused on expanding its operations in the VIP + TS (Vietnam, Indonesia, Philippines, Thailand, and Singapore) markets of SEA, SoPa is an acquisition-focused e-commerce holding company listed on Nasdaq (Nasdaq: SOPA) operating 8 interconnected verticals (loyalty, merchant software, lifestyle, F&B delivery, telecoms, digital media, travel, and F&B ordering) with connecting millions of consumers and thousands of merchants in SEA. Society Pass business model focuses on analysing user data through with its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions. Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS - a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises. In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam, and Gorilla Networks, a Singapore-based, blockchain/web3-enabled mobile virtual network operator. For more information, please check out: http://thesocietypass.com/.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)