via NewMediaWire –
Society Pass Incorporated
("SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA)
next-generation, data-driven, loyalty, fintech and e-commerce
ecosystem, announces that it received the Enterprise Asia’s 2023
“Fast Enterprise Award for E-Commerce” award. The Asia Pacific
Enterprise Awards (APEA) ceremony was held on 05 October 2023 at
the Log Hotel in Ho Chi Minh City, Vietnam.
Through the prestigious APEA programme, Enterprise Asia
recognizes entrepreneurial excellence throughout the Asia Pacific
region. APEA aims to band leading entrepreneurs and organizations
across Asia to spur greater innovation, fair practices and growth
in entrepreneurship, creating a successful entrepreneurial
ecosystem which will then shape Asia to sustainable economic and
social growth. APEA honors business leaders and organizations who
have shown outstanding performance and tenacity in developing
successful businesses, whilst not neglecting the social
responsibilities that come with leadership.
Tan Yee Siong, Chief Financial Officer of SoPa,
comments, “We are very proud to receive this Fast
Enterprise Award for the e-commerce category from Enterprise Asia.
It is a reflection and recognition of the effort and hard work that
our teams across the ecosystem deliver daily. We significantly
invest into recruitment, training and implementing best practices
across our operations. The benefits are already reflected in the
growth of our company, but it is especially rewarding to be
recognized for those efforts by APEA. We continue to deliver and
hope to be nominated again across other categories in the years to
come.”
Kevin Vong, Executive Director of Enterprise Asia,
said, “APEA’s goal is to recognize enterprises and
business leaders who have shown outstanding track records,
perseverance and growth. It is our great pleasure to congratulate
Society Pass Incorporated for being selected as the winner under
the e-Commerce Industry of the prestigious Asia Pacific Enterprise
Awards (APEA) 2023.”
About Enterprise AsiaEnterprise Asia is a
leading non-governmental organization in pursuit of creating an
Asia that is rich in entrepreneurship as an engine towards
sustainable and progressive economic and social development within
a world of economic equality. Its two pillars of existence are
investment in people and responsible entrepreneurship. Enterprise
Asia works with governments, NGOs and other organizations to
promote competitiveness and entrepreneurial development, in
uplifting the economic status of people across Asia and in ensuring
a legacy of hope, innovation and courage for the future generation.
For more information on Enterprise Asia, please visit:
https://www.enterpriseasia.org/.
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 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 3.6 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 NextGen
Retail, a Indonesia-based e-commerce platform.
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
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:Rokas SidlauskasChief Marketing
Officerrokas@thesocietypass.com
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