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Society Pass Inc. (Nasdaq: Sopa)’S Travel Platform, Nusatrip, Acquires Vietnam’S Vleisure, Marks Its First Acquisition Outside Of Indonesia

TAKEN PRIVATEApr 13, 2023

Acquiring Company

NusaTrip

Acquired Company

NusaTrip

JakartaJakartaHospitalityLeisureHotelTravelTourismHospitalityLeisureHotelTravelTourism

Description

via NewMediaWire -- NusaTrip (“NusaTrip”), a leading Jakarta-based, IATA-licensed Online Travel Agency (“OTA”) and the travel vertical of Society Pass Inc. (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces the acquisition of VLeisure, a Ho Chi Minh City, Vietnam-based 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. The VLeisure acquisition extends NusaTrip’s base of operations and geographical reach outside of Indonesia for the first time. Going forward, 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.

Quick answer

NusaTrip is acquiring NusaTrip, announced April 13, 2023. NusaTrip is based in Jakarta, DKI Jakarta, Indonesia.

How much did NusaTrip pay for NusaTrip?
The deal value was not disclosed.
Where are NusaTrip and NusaTrip based?
NusaTrip is based in Jakarta, DKI Jakarta, Indonesia. NusaTrip is based in Jakarta, DKI Jakarta, Indonesia.
Who are the decision-makers at NusaTrip?
Fundz holds 1 contact at NusaTrip. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Hospitality and Leisure

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

NusaTrip

Location

Jakarta, DKI Jakarta, Indonesia

About

NusaTrip is the first online travel agent with IATA license, a member of ASITA, and the travel vertical SocietyPass (Nasdaq: SOPA). We provide booking services for domestic and international flight and hotel. We have over 500 airlines and 200,000 hotels in 10,000+ destinations all around the world. Our mission is to provide convenience of planning a trip and providing business and leisure travelers an easy solution to book their hotels and flights at the best rate. Curated with a simple user-friendly yet powerful interface, we are working hard to offer high-tech platform for all travelers with seamless experience.

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Frequently asked

Who acquired NusaTrip?

NusaTrip was acquired by NusaTrip, based in Jakarta. The deal was reported on April 13, 2023. NusaTrip is the first online travel agent with IATA license, a member of ASITA, and the travel vertical SocietyPass (Nasdaq: SOPA). We provide booking services for domestic and international flight and hotel. NusaTrip is privately held and operates in Hospitality.

When did NusaTrip acquire NusaTrip?

NusaTrip's acquisition of NusaTrip was reported on April 13, 2023. via NewMediaWire -- NusaTrip (“NusaTrip”), a leading Jakarta-based, IATA-licensed Online Travel Agency (“OTA”) and the travel vertical of Society Pass Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NusaTrip do?

NusaTrip is the first online travel agent with IATA license, a member of ASITA, and the travel vertical SocietyPass (Nasdaq: SOPA). We provide booking services for domestic and international flight and hotel. It is privately held, operating in Hospitality, and is based in Jakarta.

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