Ascendiant Capital Markets: Initiation of Research Coverage for Society Pass Inc (Nasdaq: SOPA) – US$ Billion Market Potential Due to Fast Growing Online Platform in Attractive Southeast Asia Markets

New York, July 12, 2023 – (ACN Newswire) – Ascendiant Capital Markets LLC (“Ascendiant“) initiates equity research coverage on Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company“).

Click Here (on Society Pass website) or Here (on Ascendiant Capital Markets website) to view the full Ascendiant Capital Markets Equity Research Report.

Summary Points:

• Initiation of research coverage: SOPA is building the next generation, data-driven, fintech, and e-commerce digital platform in Southeast Asia (“SEA“). Ascendiant initiates coverage of SOPA with a BUY rating and a 12-month price target of $3.50.

• US$ billion market potential: Ascendiant believes growth prospects drive approximate billion dollars market potential.

• Loyalty platform: SOPA’s ecosystem of technology-enabled companies synergistically work together to transform how consumers and merchants interact with one another through generation of customer loyalty, ease of transaction, and revenues for merchants. As more merchants and consumers in SEA register on SOPA platform, more transaction data is generated, and thus presenting more opportunities for creating loyalty from consumers to merchants.

• Lifestyle platform: “Leflair” branded online lifestyle platform in Vietnam enables consumers to purchase high-end brands in many categories. Using SOPA’s smart search engine, consumers search or review their favorite brands among hundreds of choices in various categories, including Apparel, Bag & Shoes, Accessories, Health & Beauty, Home, Women, Men and Kids & Babies categories.

• Digital advertising platform: Thoughtful Media Group’s (“TMG“) global multi-platform network has executed tens of millions of dollars in advertiser branded content.

• Travel platform: Indonesia based NusaTrip is a leading SEA OTA (online travel agent), having connected 80+ million unique visitors directly to 500+ airlines and 200,000 hotels around the world.

• Market opportunities: Ascendiant believes that continued strong economic expansion, robust population growth, rising level of urbanization, emergence of the middle class, and increasing rate of adoption of mobile technology provide large and fast growing market opportunities for SOPA.

• Revenue growth strong: Ascendiant has modeled high revenue growth in 2023 (+114%) and 2024 (+99%) and thereafter to scale up significantly which should drive improved margins and profitability.

• Major acquisition: SOPA’s recent acquisition (announced on 07 July 2023 and expected to close by September 2023) of 95% of PT Inetindo Info will significantly contribute to SOPA results going forward due to Inetindo’s annual revenue of approximately US$30 million.

• Current valuation attractive: Ascendiant calculates a 12-month price target for shares of Society Pass to be $3.50 based on a NPV analysis, representing significant upside from the current share price.

About Society Pass Inc.

Founded 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, 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 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 650,000 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; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Global, a Singapore-based, mobile network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; and Pushkart.ph, a popular grocery delivery company in Philippines.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This 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:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

ZeroBounce Launches World’s First GDPR and SOC-Certified iOS Email Validation App

SANTA BARBARA, CA, Jul 11, 2023 – (ACN Newswire) – ZeroBounce today announces the launch of its free email validation, deliverability, and email-finding app on the iOS App Store. Customers will have mobile access to ZeroBounce's entire suite of tools and will be able to manage their email optimization on the go.

The ZeroBounce iOS app is the first GDPR, SOC 2 Type 2, and ISO 27001-certified email verifier available in the Apple App Store. The app provides all the features of the ZeroBounce platform, including guaranteed 99% accurate email validation, email scoring, email deliverability testing, blacklist monitoring, and email finding. The mobile experience allows customers to easily manage their accounts, APIs, integrations, and automations. Results, usage reports, and documentation materials are also readily available.

Download the ZeroBounce iOS app for free: https://apps.apple.com/us/app/zerobounce/id1671793296

"The ZeroBounce iOS app makes it easy for our Apple customers to manage their accounts on their phones or tablets. Within the app, they can also validate an email address instantly and access any of our email optimization tools, just like they would on a desktop," says ZeroBounce founder and CEO Liviu Tanase.

The company's military-grade security extends to the ZeroBounce iOS app, protecting all uploads and downloads with encryption keys to keep all files safe. In the ZeroBounce iOS app, customers can also access invoices, edit payment methods, and update their subscriptions anytime. Furthermore, ZeroBounce's support team is available 24/7.

"Our iOS email validation app brings all our features and functionality to our mobile users. It's exciting to be the first GDPR-certified email validator in the App Store. Whether you are in the field gathering emails or simply want to check the status of your account, you can do that using our iOS app. Also, be on the lookout for new product releases that we know our mobile users will love," says ZeroBounce Chief Operating Officer Brian Minick.

Recently, ZeroBounce has launched an email finder, allowing users to find any business email address with 99% accuracy. Backed by ZeroBounce's email validation software, the email finder does not use stored data but employs proprietary technologies to discover email addresses in real time.

About ZeroBounce

ZeroBounce is an award-winning email verification, deliverability, and email-finding platform helping 250,000+ customers achieve email success.

Its 99% accurate email validation service removes obsolete and risky email addresses to help senders prevent bounces and maintain a good reputation. ZeroBounce's email deliverability toolkit further supports companies in their quest to reach the inbox. Activity Data, one of ZeroBounce's most popular features, offers subscriber activity insights, allowing marketers to target their most active audiences. Email Finder is ZeroBounce's latest tool that provides professionals with valid business email addresses to enhance their email outreach efforts.

ZeroBounce has validated 18+ billion emails and serves companies of all sizes, from solo business owners to Amazon, Disney, Netflix, and Sephora. The platform ensures military-grade security and is GDPR, SOC 2 Type 2, ISO-27001-certified, and India DPDP-ready. For more information, visit https://www.zerobounce.net/.

Contact Information:
Corina Leslie
PR Manager
support@zerobounce.net
+1-888-500-9521

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap appoints Sidharth Pisharoti as Chief Revenue Officer to drive growth across India, META, and Asia Pacific

MOUNTAIN VIEW, Calif. and MUMBAI, India, Jul 11, 2023 – (ACN Newswire) – CleverTap, the all-in-one engagement platform, today announced the appointment of Sidharth Pisharoti as the new Chief Revenue Officer. In his new role, Sidharth will be responsible for driving CleverTap's growth across India, META, and Asia Pacific regions, as well as designing and executing the company's go-to-market strategy.

Sidharth Pisharoti

Sidharth brings a wealth of experience in the technology and software industries, with a strong focus on revenue generation and driving sales. In his career spanning 2 decades, Sidharth has a proven track record of leading sales teams across Asia Pacific, Europe, and LATAM regions. His expertise in business development equips him to accelerate the next phase of CleverTap's growth journey within these regions.

Sidharth Malik, CEO, CleverTap said, "I am thrilled to announce the appointment of Sidharth as our new Chief Revenue Officer (CRO) for the India, META, and APAC regions. His addition will help accelerate our growth and strengthen our presence in these crucial markets. Thanks to the varied demands of a diverse customer base, these regions drive our MarTech innovation even further. Sidharth's expertise in driving sales and revenue will help us achieve unprecedented levels of growth while delivering localized solutions that meet the distinct needs of the market."

Sidharth Pisharoti, CRO, CleverTap said, "I am ecstatic about joining CleverTap. It's an incredible opportunity to be part of a company scaling at such an exponential pace within the customer engagement domain. CleverTap's commitment to maximizing a brand's customer lifetime value aligns perfectly with my personal drive to deliver unparalleled growth and innovation for clients. I am confident that together, we will empower businesses to forge stronger connections with their customers, drive growth and foster long-term success."

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 95901 11798
ipshita.balu@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass Inc (Nasdaq: SOPA) Subsidiary, NextGen Retail Inc, to Acquire Indonesia’s PT Inetindo Infocom to Create an Online and Offline Electronics and Gaming Retailer in the World’s 4th Most Populous Economy; Acquisition Onboards Approximately US$30 million to Society Pass Revenue Base

● NextGen Retail Inc (formerly known as Leflair Inc) ventures out of Vietnam and enters the Indonesian market for the first time; creates online and offline retailer in SEA

● PT Inetindo Infocom acquisition onboards approximately US$30 million of annual revenues to Society Pass Inc. as well as substantial customer base for Society Pass’s Loyalty App

Singapore, July 7, 2023 – (ACN Newswire) – NextGen Retail Inc (“NextGen Retail”), the online retail arm of Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces that it has entered into an agreement to acquire 95% of PT Inetindo Info (“Inetindo”), a wholly subsidiary of Story-I Limited (“Story-I”) (ASX: SRY). Inetindo is a leading Indonesia-based Apple Premium Reseller and Authorised Education Partner as well as an electronic gaming retailer for several different gaming companies.

Click Here (on Securities and Exchange Commission website) to view Form 8-K filing.

Subject to Australian Stock Exchange (“ASX”) and Story-I shareholder approvals, anticipated by September 2023, NextGen Retail, formerly known as Leflair Inc, will complete its first acquisition outside of Vietnam in the large and fast growing Indonesian market. Through cross-selling synergies, the Inetindo acquisition will accelerate the growth of SoPa’s other Indonesian businesses, including NusaTrip Inc and Thoughtful Media Inc.

NextGen Retail acquires Inetindo with its physical and intangible assets in an all-cash transaction valued at AUD 2.78 million equal to approximately US$1.85 million based on current exchange rates. Operating in Indonesia since 2010, Inetindo employs approximately 300 employees and operates 26 “Story-I” branded Apple stores in 9 cities across Indonesia. As an Apple Authorised Education Partner and Apple Authorised Service Provider, respectively, Inetindo sells Apple devices and solutions to leading international schools and tertiary institutions and repairs Apple products at its service centres.

With the easing of COVID restrictions in March 2022, Indonesia’s fast growing middle class and soaring digital adoption have fueled a rebound in online and offline retail traffic back to pre-pandemic levels. Inetindo’s financial performance has responded accordingly. Unaudited 1H FY23 (July to December 2022) revenues totaled AUD 20.9 million (US$13.9 million) compared to 1H FY22 revenues of AUD16.3 million, representing an increase of 28% year-on-year. Similarly, unaudited 1H FY23 gross profit of AUD 2.9 millon (US$1.9 million) grew 16% from 1H FY22 gross profit of AUD 2.5 million (US$1.6 million). As of 31 December 2022, Story-I’s assets totaled AUD 25.44 million (US$16.7 million).

Overall FY 2022 (July 2021 to June 2022) revenues and gross profit totaled AUD 42.4 million and AUD 6.0 million, representing increases of 1.2% and 0.7% over the prior corresponding period, respectively.

Michael Chan, Founder and Executive Director of Story-I, comments, “Society Pass’s acquisition of Inetindo and the Story-I brand creates a win-win-win transaction for all parties involved. First, our shareholders win as the acquisition consideration represents a 15% premium to Story-I’s market capitalisation over the past 45 trading days and allows Story-I to continue under a new name. Second, Inetindo’s partners and employees win as Society Pass is well capitalised to quickly expand Inetindo’s retailing and maintenance businesses throughout Indonesia. I wish Society Pass and NextGen Retail the best of luck as they take over a strong brand in Indonesia. Although we exit the Indonesia electronics retailing business, we are excited about both Story-I’s and Inetindo’s future prospects.”

The Indonesian economy is the largest in SEA and the 16th largest in the world with a 2023 nominal gross domestic product of US$1.39 trillon. OECD forecasts Indonesia’s real GDP growth to be 4.7% in 2023 and 5.1% in 2024. EcommerceDB estimates the Indonesian Electronics & Media eCommerce market to reach US$13.8 billion by 2023 and to increase to US$18.0 billion by 2027, reflecting a compound annual growth rate of 6.9%.

Loic Gautier, CEO of NextGen Retail Inc, explains the acquisition’s rationale, “The Story-I acquisition is the natural evolution of our Leflair Vietnam business. As we venture out of Vietnam and into the rest of SEA, we will transform how customers access the world’s most desirable brands through our integrated omni-channel, online-to-offline retail platform. NextGen Retail’s mission is the following:

● provide brands with a one-stop distribution solution to access consumers across SEA;

● integrate all sales channels for maximum brand awareness and sales performance;

● provide Asian consumers with access to the world’s best brands;

● serve our customers anywhere and provide them with personalized shopping experience;

● deliver best-in-class customer experience.”

The acquisition is subject to customary closing conditions and completion of ASX regulatory review and Story-I’s shareholder approvals. The deal is anticipated to close by September 2023 and is expected to be accretive to SoPa’s non-GAAP earnings per share upon close.

About Society Pass Inc.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

For more information on Society Pass, please visit:

Website at https://www.thesocietypass.com or

LinkedIn at https://www.linkedin.com/company/societypass or

Facebook at https://www.facebook.com/thesocietypass or

Twitter at https://twitter.com/society_pass or

Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This 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 as well as anticipated sales growth in Indonesia and the growth of the Indonesian economy. 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:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

20th Edition of Digital Transformation Summit, Singapore

Physical Conference on 14th of July

SINGAPORE, July 5, 2023 – (ACN Newswire) – In recent years, there has been a significant surge in the adoption of digital transformation solutions by businesses, driven by the recognition of the importance of leveraging new technologies to enhance customer value. Embracing digital transformation not only preserves valuable resources but also unlocks opportunities for generating additional revenue streams. Singapore’s outstanding digital transformation journey has garnered widespread acclaim.

One compelling case study showcased at the Digital Transformation Summit in Singapore focuses on the transformation journey of a prominent telecommunications company. This study explores the successful implementation of digital initiatives to improve customer experiences, streamline operations, and fuel business growth. The credit for Singapore’s digital transformation success lies in the government’s commitment to digitalization, the adoption of tech-powered strategies across various sectors, and a dedicated focus on purpose-driven transformation.

The 20th Edition of Digital Transformation is a comprehensive event that brings together over 150+ digital leaders. The event features presentations, panel discussions, real-life use cases, and industry tracks, providing attendees with a holistic understanding of the current market landscape, the latest technological innovations, and effective strategies to navigate the unique challenges of these unprecedented times.

Get ready to hear from these distinguished professionals at the Global CX Summit:

Justin Ong, APAC CISO & CPO, Panasonic Asia Pacific Pte Ltd.
David Tam, Regional CIO at Global Retail Markets, Liberty Mutual.
John Lee, Managing Director Asia Pacific, Global Resilience Federation
Nirupam S D, Senior Scientist, Head of IoT and Artificial Intelligence, Energy Research Institute
Ramya Pallempati, Associate Director – ASIA Business Technology Abbvie
Amit Gupta, Head of Security Governance, Risk and Control Bukalapak.
Rishi Ganiswaran, Head of Legal (Technology) and Chief Privacy Officer Yinson.
Kar Wee Ang, Director, The London Institute of Banking & Finance APAC.
Daniel Ong, Director, Solutions Architect, APAC Digital Realty.
Esther Tham, Design Lead, Thoughtworks.
Sunil Mundra, Principal Consultant-ADVISORY Thoughtworks.
Stu Garrow, Vice President of Asia Pacific Aiven
Ralph Ostertag, Director Digital & Technology Asia Pacific Heineken.
Miguel Rivera, Customer Engagement & Experience Lead, APMA Novartis Asia Pacific.

The event agenda will focus on the following topics:

The CDO’s Dilemma – Re-imagining the Digital Playing field
Ambient Computing and 5G leading the transition to everything digital
How to Adapt to a Changing Threat Landscape?
AI and Automation – Synergies for creating the Workforce of the Future
Staying Human-centric in a Digital Connected World – CX perspective
The New Normal: Dispelling Myths and Thriving in a Hybrid Workforce
Organizations and the Metaverse: How Collaboration Can Drive Innovation.

Who can Attend?

The Digital Transformation Summit in Singapore is open to Chief Information Officer, Chief Technology Officers, Chief Information Security Officer, Head of IT Infrastructure, Head of IT Operations, Heads of Information Security and Head of Analytics / AI from a variety of industries, including Government, BFSI & Fintech, Telecom, Education, Healthcare, Manufacturing, Logistics & Supply Chain, Ecommerce & Retail, Packaging, Pharma & Life sciences.

About Exito

Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.

For more information about the Digital Transformation Summit, Singapore, visit: https://digitransformationsummit.com/singapore/

Contact:
Mithun Gopinath
Manager – Projects
Exito Media Concepts
mithun.gopinath@exito-e.com

Only 42% of newly signed up travel app users transact in the first month: CleverTap Benchmark Report

MOUNTAIN VIEW, Calif. and MUMBAI, India, Jul 4, 2023 – (ACN Newswire) – CleverTap, the all-in-one engagement platform, released its industry benchmark report for travel apps[1]. In the rapidly evolving mobile apps landscape, staying ahead of the competition is crucial for marketers. Therefore, benchmarking performance has become imperative to stay ahead of competition. Travel app marketers will be able to boost conversions and drive higher app activity through the report's insights.

While 80% of travel app users that sign up, do so within 31 seconds, only 42% make a transaction within the first month. This is markedly lower than fintech's 95% and foodtech's 65% signup to conversion rate. Studies have found that users do not see travel apps as being very different from interacting with travel agents. This means that while they may readily sign up for an app; the process of making a transaction may carry the same reservations as with old-school travel agents. Overcoming this challenge requires travel app marketers to place special emphasis on their retention strategies by going above and beyond in providing meaningful value to customers.

CleverTap analyzed 17.9 billion push notifications, 3.8 billion emails, 919.1 million in-app messages, and a total of 64.17 million monthly active users (MAUs). The findings reflect data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America. These include:

-Install to sign-up rate: 1 in 4 users that install travel apps (28%) end up signing up within the first week.
-Average time to sign-up: 80% of the users that sign-up, do so within 31 seconds of launching the app for the first time.
-Sign-up to conversion rate: 42% of newly signed-up users make a transaction in the first month.
-Average time to to convert: 36% of newly signed-up users move from onboarding to deeper-in-the-funnel engagement within a week of onboarding.
-Session frequency: On average, travel app users launch their app around 12 times a month.
-Average week 1 retention rate: 13% of newly signed-up users make repeat transactions in the first week.
-Average click through rate for push notifications: On average, 5.29% of Android users and 3.97% of iOS users will click on and interact with push notifications.
-Average click through rate for in-app notifications: The click through rate for travel in-app notifications is 22.8%.
-Average email open rate: 35.17% users open emails sent by travel app companies
-Average Stickiness Quotient: Travel apps have a stickiness quotient of 18%, that indicates less than one-fifth of monthly active users (MAUs) consistently return to the app.

"With more than a billion travel app users today, brands must emphasize retention more than ever. Sometimes a slight nudge here, a small reminder there may be enough to get users to complete unfulfilled transactions or re-engage with the app. But to maximize customer lifetime value in the long term, marketers need to be agile and identify weak spots within the app's metrics proactively." said Jacob Joseph, VP – Data Science, CleverTap. "Our benchmark report spans billions of data points including push notifications, emails and in-app notifications – giving marketers a holistic view of the industry. Coupled with our world leading platform which spans the entire lifetime of a customer, we are confident this will equip marketers with the right tools to raise the bar even higher."

[1] https://clevertap.com/travel-apps-industry-benchmark-report/

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 95901 11798
ipshita.balu@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

DT100: Honouring powerful leaders driving technology forward

DUBAI, June 30, 2023 – (ACN Newswire) – Exito Media Concepts unveiled the DT 100, a magazine which commemorates the extraordinary accomplishments of technology leaders in the UAE at the Digital Transformation Summit which took place on the 14-15 of June 2023 at the Ritz Carlton, Dubai International, Financial Centre.

DT 100 recognises individuals who have made outstanding contributions to the advancement of technology in the region.

Here is the esteemed DT100 list:

Veneeth Purushotaman – Group Chief Information Officer, Aster DM healthcare
Srinivasan Sampath – Acting Chief Technology Officer, First Abu Dhabi Bank
Abdalla Al Ali – Director IT and Innovation, DMCC Authority
Aiman Othman – IT Director, Union Coop
Sebastian T. Samuel – Chief Information Officer, AW Rostamani Group
Tamer Hamed – Chief Information Officer, DUCAB
Eng. Isha Aljasmi – IT Director, Ministry of Energy & Infrastructure
Gigi Mathew Thomas – Group Head – IT & Digital Transformation, Ittihad International Investment LLC
Abdul Rahmaan Ismail – Head of IT UAE, SAAB Group
Rajesh Kumar Bhaskaran – Head – Core Technology Platforms, EMIRATES NBD
Munir Majdalawieh – Head of Information systems and Technology Management Department (Department Chair), Zayed University Dubai
Swapnil Kelaiya – Head of IT & Digital Transformation, Smith + Nephew
Alexei Ivanov – Head Of Information Technology, MAPYR FZCO
Rahul Otawat – Vice President – Data Science and Analytics, Mashreq Bank
SatyaShankar Chirravuri – Head of Technology Platforms – Cloud & Security, Al-Futtaim
Jayant Sharma – Digital Experience Platform Director, Miral Experiences
Somy Varghese – Head of Digital Transformation & Technology, Etoile Group
Himanshu Puri – Head Of Information Technology (CIO), King’s College Hospital London – UAE
Gyan Prakash Srivastava – Head – Data Management , Analytics & Data Governance, Mashreq Bank
Carl Siddons – SVP Digital Design, ALDAR – Real Estate
Amna Saleh AlHammadi – Head of Health Systems and Integration Section, Acting Director of Health Information Systems Department, Emirates Health Services
Akash Lall – General Manager IT Digital, Sobha Realty
Ehtisham Syed – Executive Director IT, Falconpack
Dr. Hamad Khalifa Al Nuaimi – Telecommunications Specialist, Abu Dhabi Police
Vineesha Hk. – Regional thought leader – Digital & CX UAE MENA, Women Leader of the Year
Dr. Sid Ahmed Benraouane – Dubai Government Advisor | MENA Government Advisor, Dubai Government
Dr. Ebrahim Al Alkeem – Digital Transformation, Cyber Security and Artificial Intelligence Expert, Government of Abu Dhabi United Arab Emirates
Dr. Ebrahim Hasan Al Khajeh – Division Director of Human Capital Member of the Strategic Transformation Committee, Abu Dhabi Customs United Arab Emirates
Suleiman Mohammed Aldabbas – Digital Transformation Expert – Public Sector, UAE
Awad Ahmed Ali El-Sidiq – Head of Artificial Intelligence & Analytics, ADNOC
Manal Allam – IT Head & Business Partner, Merck Group
Jad Hindy – Senior Vice President Marketing, Expo City Dubai
Kelly Machado – Digital Strategy & Transformation, UAE Government
Taghrid Alsaeed – Executive Director – Group Communications and Destination Marketing, Miral
Raed Kuhail – Executive Director, Digital and Technology, Miral
Sarfaraz Muneer – Vice President, Cyber Security and Technology Platform, Mubadala
Vishal Anand – Senior Director IT, Jumeirah Group
Aus Alzubaidi – Director of IT, Cybersecurity & Media Management, MBC Group (Middle East Broadcasting Corp)
Sumit Srivastava – Digital and Commercial officer, A leading Digital Services provider
Bart Pietruszka – Chief Data & Analytics Officer, Wholesale Data, Analytics and CRM, HSBC Bank Middle East
Nitin Bhandari – SVP & Head of Payit Digital Wallet, First Abu Dhabi Bank (FAB)
Giovanni Gavino Everduin – Head of Strategy & Innovation, Commercial Bank International
Dr. Thierry Lestable – Executive Director, Artificial Intelligence & Digital Science Research Center (AIDRC), Technology Innovation Institute (TII)
Kareem Refaay – Managing Director GCC & MENA, The London Institute of Banking & Finance
Moe Abeidat – Group VP of Technology (Executive Committee), Aramex International
Krishnan Gopi – Group Chief Disruption Officer, GEMS Education
Imran Kannuti – Head, Banking Operations Digitization & Transformation, Banque Misr UAE
Sivakumar Venkatraman – Chief Technology Officer, Lockton (MENA) Limited
Jayaraj Perumalsamy – Group Head of IT & Digital Transformation, Barakat Group of Companies
Ronit Ghose – Global Head – Future of Finance, Citi
ElFadl Ibrahim – Advisor, Digital Oilfield, ADNOC
Stephen Kruger – CTO, Careem
Chirenj Chandran – CEO, MySyara
Debbie Botha – Chief Partnership Officer, Women In Ai
Naushad Mohammed – Director – IT, Reem Hospital, Vamed Healthcare
Meshal Abdulla Binhussain – CIO Ministry of Finance
Eyad Kashkash – EVP, Group Head of IT, Al Ramz Corporation PJSC
Mamoun Alhomssey – Executive Vice President Technology, ADIB
Linoy Kidd – MSs cio menat, HSBC
Murali Mohan Thupakula – Group Director of IT – Digital Transformation, Geidea
Billel Ammour – Head of IT & Digital, Taqeef
Younis Othman – Senior Manager- Director of IT Department, Dubai Customs
Salahuddin Almohammadi – Group IT Director, HSA Group
Bisrat Degefa – Director – Head of Digital Developments, Gleeds
Ravindran Ramiah – CTO, Aafaq Islamic Finance PSC
Mohammed Ahteshamuddin – Head of Information & Technology, FlyDubai
Umesh Moolchandani – Chief Information Officer, Bin Dasmal Group
Santosh Shetty – CIO/Head of IT, Liwa Trading Enterprises LLC
Arun Kumar Mohta – Group IT Head, FJ Group
Vippon Kumar – Associate Director – IT, Plaza Premium Group
Ezzeddine Jradi – Chief Transformation and Business Excellence Officer, EMICOOL LLC
Hiren Desai – Head Of Information Technology, Burjeel Medical City
Vignesh Bala Pillai – Vice President, Technology, Mashreq
Manish Agarwal – Chief Information Officer, M H Enterprises LLC
Dylan Fernandes – Head Of Information Technology, Lavoya Restaurants Group
Somnath Sarkar – CISO – Group Head of Information Security, Mashreq Bank
Tarek Soubra – Chief Technology Officer, Al Maryah Community Bank
Shumon A Zaman – Chief Information and Digital Officer, Ali & Sons Holding LLC
Ibrahim Al Najjar – Vice President Information Technology, DP World
Ali H Ghunaim – Director Of Information Technology, Canadian Specialist Hospital
Suraj Nair – Director – Digital Services (Middle East, North Africa, Pakistan), Mondelēz International
Lenish Kannan – CIO, WESTERN INTERNATIONAL GROUP – NESTO/GEEPAS
Khaldun S.A Al Khaldi – VP- Head Of Enterprise Infrastructure Services, Dubai Islamic Bank
Jacob Mathew – Head Of Information Technology, Government of Abu Dhabi Entity
Syed Ali Naqvi – Head of Cyber Security, HBL – Habib Bank Limited , Dubai
Miguel Rio-Tinto – Group Chief Digital and Information Officer, Emirates NBD
Gokul Gopalakrishnan – Head of Information Technology, Acino
Peter Gesper – Director of Information Technology, Majid Al Futtaim
Neeraj Tiwari – Head of Digital Technology, Kuwait Food Company (Americana) , Dubai
Dr. Joseph George – Chief Technology Officer, Smart Salem
Sasidhar Merugu – Head of Information Technology, Shalina Healthcare
Sourabh Shukla – Head IT PMO, AWR
Mustansir Aziz – Head Of Information Technology, Automech Group
Jitesh Goradia – IT Director, DarGlobal
Aslam Labeeb – Head of Supply Chain & IT, Gulf International
Mohammed Tarik Kouba – Head of IT – Quality – Service and Technology Business Management.
Mohammed Ameen – CIO/CTO/Tech Director, Masafi LLC
Sanil Abdulla Manoly – Head of IT, Uuniversity Of Wollongong
Dylan Fernandes – Head Of Information Technology, Lavoya Restaurants Group
Dr. Tariq Al Hawi – Program Director, UAE Smart Government
Diaa Moustafa – Head – Technolgy Platform, Abu Dhabi Commercial Bank

About Exito:

Exito, which means success in Spanish, embodies our commitment to the success of our customers.

Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.

For more information about DT 100, including the complete list of nominees and the Digital Transformation Summit schedule, please visit our official event website: https://digitransformationsummit.com/uae/dt-100/

For press inquiries or media coverage requests,
Contact: Mithun Gopinath
Email: mithun.gopinath@exito-e.com

Taiwan Excellence Pavillion Fosters Connections in ASEAN and Beyond Through Successful Debut at AT X SG

SINGAPORE, Jun 30, 2023 – (ACN Newswire) – Excellence in design, quality, Taiwanese R&D, manufacturing and innovation. These attributes of Taiwan Excellence were on full display at the Asia Tech x Singapore (AT x SG) event from 6 to 9 June. The show, which concluded today, saw an array of award-winning technologies in the fields of 5G and smart telecom, security and solutions for enterprises and Artificial intelligence of things (AIoT) smart applications from 15 Taiwanese tech brands showcased to over 17,000 attendees from across the globe.

These leading Taiwanese companies including AIFA, Nilvana, PanelSemi, PLANET, MSi, TPI Software, and Z-Com came together for the first time at AT x SG to display solutions ranging from mini LED displays to smart home controllers, and industrial wireless routers.

Ms Wu Yiling, Director of Taiwan Trade Centre Singapore, said, "We are delighted to make a successful debut at this landmark event. Singapore is an important trade partner of Taiwan, and we have a close and long established bilateral relationship. Through Taiwan Excellence's inaugural participation at ATxSG, we hope to promote partnerships, share our cutting-edge technologies, and facilitate knowledge exchange between leading Taiwanese companies, innovators and members of the ICT industry in the Southeast Asia region, affirming Taiwan's commitment to Singapore and to the region."

Key products that were on display included:

PanelSemi's MagiCylinder, the world's first AM Mini LED direct view display that is flexible, rollable and multi-tiling-able. The MagiCylinder offers low energy consumption and a good cooling system, and is the world's thinnest at only 1mm thickness.

MSi FUNTORO's TS Series, a smart and complete solution with a cloud management platform for electric buses. Through the integration of CANBUS and various sensors, the vehicle and driving data are collected and transmitted to the backend platform to allow real-time fleet management and remote monitoring on system devices, driver behaviors, on-duty time and battery efficiency to enhance fleet safety and operation efficiency.

Z-Com's SP230-S5, an outdoor wireless AP which can operate in point to point, bridge & coverage modes. Based on 802.11ac Wave 2 technology, throughput is up to 1,167Mbps. With built-in high gain antennas & ERIP 38dBm, its coverage can be 400 meters & transmit over 6KM for video streaming at PTP mode.

Rick Ng, Business Development Manager, Z-Com Inc., said, "Being at this exhibition is an important step in gaining a foothold in Singapore and ASEAN. This show has provided us a good opportunity to showcase the latest technology from Z-Com Inc. which focuses on smart telecom including long range wireless routers."

Yvonne Chien, General Manager Singapore, TPI Software, "This experience was definitely a good one, where we were able to showcase our award winning product that uses IP technology, the DigiRunner, a platform for businesses to manage their application programming interfaces, allowing us to form a deeper connection with customers from all over ASEAN."

Chloe Hsu, Marketing Manager, PLANET Technology Corporation, added, "For 20 years in a row, a total of 63 products and solutions from PLANET have received the Taiwan Excellence Award. We are delighted to be able to showcase three of these award winning products and solutions here at the exhibition. We will continue to provide innovative network products for the global market, utilizing advanced technology and environmental sustainability to realize a sustainable network communication infrastructure."

This marked Taiwan's inaugural participation at Southeast Asia's leading trade technology exhibition, which has opened up avenues for the market to reach out to not only their trading and technology partners in the region but also foster further collaborations with partners from ASEAN and the world.

More information about the products displayed at the Taiwan Excellence Pavilion can be found here. https://preciouscomms.box.com/s/p28iqs9c4xgmjcn01lxhsxxoe10atlm3

About Taiwan Excellence Awards

The Taiwan Excellence Awards were established by the Ministry of Economic Affairs in 1993. Every year, eligible candidates are subjected to a rigorous and stringent selection system that covers four major aspects of "R&D", "Design", "Quality" and "Marketing" to identify outstanding products that offer "Innovative Value" while satisfying the key criterion of being "made in Taiwan". Products that have been selected for the Taiwan Excellence Awards would serve as examples of the domestic industries and be promoted by the government in the international market to shape the creative image of Taiwanese businesses.

The organizers of Taiwan Excellence

– The Bureau of Foreign Trade (BOFT), which was established by the Ministry of Economic Affairs (MOEA) on January 1, 1969, is responsible for formulating Taiwan's international trade policies, promoting trade, and managing trade-related activities.

– Taiwan External Trade Development Council (TAITRA)
Founded in 1970, TAITRA is Taiwan's foremost nonprofit trade promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises to expand their global reach. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade.

For Media Enquiries
PRecious Communications for TAITRA
Tel: +65 6303 0567
Email: taitra2023@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

FREED GROUP Expands Global Reach with Key Stakeholder Investment in Gabi Partners

HONG KONG, Jun 29, 2023 – (ACN Newswire) – FREED GROUP ("FREED"), an award-winning digital and smart merchandising solutions company founded and headquartered in Hong Kong, has announced the integration of Gabi Partners, South Korea's leading provider of membership commerce services and supply chain management. This strategic move further solidifies FREED's dominance in the dynamic South Korean market and paves the way for expanded global opportunities.

Mr. Abel Zhao, Co-founder & CEO of FREED GROUP (right) and Mr. Siyoon Song, Co-founder & CEO of Gabi Partners (left), unite in South Korea, symbolizing the beginning of a promising collaboration.

(From left to right) Mr. Kenneth Lee, Co-founder & CPO of FREED GROUP; Mr. Siyoon Song, Co-founder & CEO of Gabi Partners; Ms. Yoonjeong Park, Co-founder & COO of Gabi Partners; and Mr. Abel Zhao, Co-founder & CEO of FREED GROUP, join forces as Gabi Partners becomes a part of the FREED family, ushering in a transformative alliance to reshape the membership commerce landscape in South Korea and beyond.

Gabi Partners is a leading player in the B2B2C commerce and B2B mobile gift-giving solution sectors. Their impressive track record includes a 370% annual growth rate and contracts valued at 34 billion won. With a focus on delivering tailored online shopping experiences, Gabi Partners has been working with FREED since 2020 to provide comprehensive services to serve prominent clients such as BMW Korea, Hyundai Card, LG Electronics, and Nonghyup Card. Gabi Partners has since then become the go-to platform in South Korea for businesses seeking to maximize online traffic and revenue. Even during the COVID period, the collaborative effort of FREED and Gabi Partners was able to achieve 300% year-over-year revenue growth in 2021.

"This strategic alliance marks a pivotal moment for FREED GROUP and Gabi Partners, bringing together two powerhouses in the digital commerce sector," said Mr. Kenneth Lee, Co-founder & CPO of FREED GROUP. "Together, we are poised to unleash unparalleled growth and innovation in the digital landscape. As a one stop service provider, we will be supporting our customers from upstream to downstream. The synergies from this partnership will enable online traffic monetisation, create consumer values, brand stickiness and increase user satisfaction for our enterprise brands. By bringing Gabi Partners into the FREED family, it demonstrates our commitment to driving digital transformation and opening doors for further opportunities as a Hong Kong start-up with a global vision."

With a history of successful acquisitions, including Awakening Journey China and Connexus Travel Limited, the investment in Gabi Partners reinforces FREED's position as a Hong Kong-based company committed to continue in spearheading innovation in the e-commerce sector, empowering partners and businesses across APAC region and beyond.

About FREED GROUP
FREED GROUP is a technology innovator specializing in building proprietary Enterprise Application solutions. It pioneers the future of digital commerce by bringing the capability of multi-merchant, multi-platform networks onto one single backend system and database. With its end-to-end digital transformation and commerce empowerment solutions, FREED GROUP helps clients and partners from Fortune 500 corporations and brands to SMEs across regions to create new revenue streams, increase customer engagement and enhance servicing level.

Headquartered in Hong Kong and Singapore, FREED GROUP operates in more than 10 offices globally with over 200 staff. FREED GROUP supports clients and partners worldwide, including major names such as Samsung, China Mobile, China Life Insurance, BMW and LG. It is the winner of the 2022 World Economic Forum Technology Pioneers, 2021 Deloitte Technology Rising Star Award and 2021 United Nations UNWTO Global Start-up Competition, among many others. In 2023, FREED GROUP is named one of the top-10 high-growth companies in the Asia-Pacific region by Financial Times.

About Gabi Partners
Gabi Partners is a leading provider of B2B2C commerce and B2B mobile gift-giving solutions and supply chain management system, that revolutionizes the digital landscape with its innovative services. Since conception, Gabi Partners has quickly emerged as a key player in the industry, achieving remarkable success and rapid growth. With a focus on delivering tailored online shopping experiences, its cutting-edge SaaS model has garnered high-value contracts and annual sales growth rate of over 300%.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass (Nasdaq: SOPA) to Formally Introduce Society Pass Loyalty App at Launch Party in Singapore on Wednesday, 28 June 2023

Singapore, 22 June 2023 – (ACN Newswire) – Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces that it will formally introduce its universal loyalty application, Society Pass Loyalty Wallet, at a launch party to be held at Clifford Pier, 80 Collyer Quay, Singapore 049326 at 6 pm on Wednesday, 28 June 2023.

In unveiling its paradigm shifting SOPA Loyalty App to +100 invited investors, media, and the general public, SoPa management will showcase the SoPa Loyalty App’s ease of use and value proposition for both consumers and merchants to buy, earn and redeem loyalty points, Society Points. In particular, guests will witness SoPa Loyalty App seamless integration with Nusatrip.com, Indonesia’s oldest online travel agency, and Gorilla.Global, Society Pass’ travel telecoms company. By 4Q 2023, SoPa expects to connect of all of its subsidiaries within its ecosystem to the SOPA Loyalty App, enabling an unparalleled shopping experience for its 3.3 million registered consumers and 650,000 registered merchants.

Consumers and merchants can now download Society Pass either on:

● Apple Store

● Google Play

With its vision of “building the next generation digital ecosystem and loyalty platform in SEA”, the SoPa loyalty platform generates the following benefits for merchants: creating permanent customer loyalty, replacing cash discounting, and generating additional revenue streams. Society Points means the more customers buy from merchants, the more rewards they will earn, and the more revenue generation for merchants. Sopa Loyalty platform encourages continuous consumer engagement with brands, thereby increasing conversions and revenues.

Society Pass/Society Points cover registered consumers and registered merchants in Vietnam, Indonesia, Philippines, Thailand, and Singapore. Users can pay for goods and services in-store, in-app or online. SoPa Loyalty Wallet allows users to pay for goods and services by scanning QR Codes and making payments via credit card, debit card, or Society Points.

Rokas Sidlauskas, Chief Marketing Officer of SoPa, elaborates, “We are beyond excited to finally introduce this much needed product to the market. As we celebrate this milestone, which is a result of years of hard work across multiple teams, we believe that this ground-breaking product will not only provide immediate value to our registered consumers and registered merchants, but also will drive a revolution of fintech and e-commerce innovation across the region.”

Howie Ng, Chief Technology Officer of SoPa, explains, “We designed a best-in-class user interface backed by fully integrated backend infrastructure to kickstart a virtuous cycle of revenue generation and loyalty creation. SoPa Loyalty App offers a wide range of options: gamification, badges, tiers, birthday surprises, and early access privileges. Our smooth registration process allows consumers to redeem points for coupons, refer friends and earn SOPA points, view wallet balance, change your settings, purchase SOPA points, store multiple credit cards, and settle purchases in real-time.”

About Society Pass Inc.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

Cautionary Note Concerning Forward-Looking Statements

Media Contacts:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com