Society Pass Incorporated (Nasdaq: SOPA) and NusaTrip Incorporated (Nasdaq: NUTR) Strengthened its Presence in the Tourism Market with Collaboration with Qi You Ji Network Technology Co. Limited
Rhea-AI Summary
Society Pass (Nasdaq:SOPA) and majority-owned NusaTrip (Nasdaq:NUTR) expanded hotel distribution via a collaboration with Hong Kong-based QiYouJi, broadening competitively priced global hotel inventory for NusaTrip's downstream customers.
The partnership uses API connectivity for real-time availability, targets stronger presence in China, and is expected to support NusaTrip's operations in 2026.
Positive
- Expanded hotel inventory accessible to NusaTrip downstream customers worldwide
- Stronger China presence via partnership with QiYouJi, a leading B2B overseas hotel platform
- Real-time distribution through API connectivity and scalable technology
- Management outlook expects positive contribution to NusaTrip business in 2026
Negative
- None.
Market Reaction
Following this news, SOPA has declined 19.45%, reflecting a significant negative market reaction. Our momentum scanner has triggered 29 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $0.91. This price movement has removed approximately $1M from the company's valuation. Trading volume is elevated at 2.2x the average, suggesting increased selling activity.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
SOPA was down while momentum peers were mixed: IFBD down 7.57%, QH up 6.03%, SGN up 8.33%. With only 1 peer moving down and 2 up, the move appeared stock-specific, not a broad sector rotation.
Previous Partnership Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 10 | Travel tech partnership | Positive | -28.5% | Trip Ninja itinerary optimization added to NusaTrip to improve complex bookings. |
| Feb 09 | China hotel partnership | Positive | +1.3% | Huizhi collaboration expanded competitively priced hotel inventory and China access. |
| Feb 02 | eSIM partnership | Positive | -5.1% | Exclusive Gorilla eSIM deal to power NusaTrip’s global travel connectivity. |
| Jan 30 | Thailand flight deal | Positive | -5.7% | Gother partnership to enhance flight distribution in Thailand travel market. |
| Jan 12 | Indonesia OTA deal | Positive | +3.7% | Bookcabin partnership to expand hotel and travel inventory reach in Indonesia. |
Partnership announcements have produced mixed reactions, with an average move of -6.87% and more negative than positive follow-through.
Over recent months, SOPA and majority-owned NusaTrip have emphasized partnership-driven expansion across travel distribution, eSIM services, and regional OTAs. Prior deals with Bookcabin, Gother, Gorilla Networks, Huizhi and Trip Ninja all aimed to broaden inventory, improve technology, and deepen exposure to markets like Indonesia, Thailand, and North America. These announcements often coincided with volatile trading, including several negative reactions, framing today’s China‑focused hotel distribution collaboration as part of a continuing B2B travel growth strategy.
Historical Comparison
Across 5 recent partnership announcements, SOPA averaged a -6.87% move with mixed reactions, suggesting that even expansionary deals in travel distribution have often been met with cautious trading.
Recent partnership news shows a steady build-out of NusaTrip’s ecosystem, from Indonesia and Thailand OTA distribution to global eSIM services and now deeper China hotel inventory access.
Market Pulse Summary
The stock is dropping -19.4% following this news. A negative reaction despite expansionary partnership news fits recent patterns, where similar announcements averaged a -6.87% move and often saw selling pressure. The collaboration with QiYouJi extended NusaTrip’s hotel distribution in China, but prior deals show that investors have not consistently rewarded such updates. Volatility around capital needs, recent offerings, and broader concerns about execution could have amplified downside moves following partnership headlines.
Key Terms
b2b technical
api connectivity technical
AI-generated analysis. Not financial advice.
JAKARTA, Indonesia, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (the “Company” or “SOPA”), Southeast Asia’s (SEA) next generation e-commerce ecosystem, and its majority owned subsidiary, NusaTrip Incorporated (Nasdaq: NUTR) (“NusaTrip”), the leading SEA and Asia-Pacific-based (APAC) integrated travel technology platform, today announced the expansion of its hotel distribution network, further strengthening its presence in the tourism market through its collaboration with Hong Kong, China-based Qi You Ji Network Technology Co. Limited (“QiYouJi”).
This collaboration enables NusaTrip’s downstream customers to access a broader selection of competitively priced hotel inventory worldwide. NusaTrip continues to deliver reliable and efficient distribution solutions, reinforcing its commitment to supporting partners with dependable hotel supply and flexible distribution options. QiYouJi specializes in B2B travel distribution, serving travel agencies, online platforms, and corporate clients across China, Hong Kong, and other international markets. Through seamless API connectivity and scalable technology, NusaTrip ensures efficient content delivery, real-time availability, and competitive pricing. This enhanced presence in the China market reflects NusaTrip’s ongoing efforts to build a robust, global travel ecosystem.
Founded in 2015, QiYouJi has become China's leading B2B platform for overseas hotels. The company boasts strong direct contracting capabilities, multi-dimensional marketing channels, and a professional system platform and services. It aims to become a Global Hotel and Digital Intelligence Service Platform.
Anson Neo, NusaTrip CEO, explains, “Expanding our hotel content through established wholesalers like QiYouJi marks another step in NusaTrip’s distribution strategy. This approach allows us to offer travel agencies, tour operators, and end customers increased choice, availability, and value in key markets.”
Raynauld Liang, CEO of SOPA, NusaTrip’s majority shareholder, adds, “Expanding our hotel portfolio with QiYouJi is expected to contribute positively to NusaTrip’s business and operations in 2026.”
About Society Pass Incorporated.
Founded in 2018 as an e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than
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
X at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.
About NusaTrip Incorporated.
Established in 2015 and headquartered in Jakarta, Indonesia, NusaTrip Incorporated (Nasdaq: NUTR) is an integrated travel technology platform with geographical specialization in SEA and APAC. NusaTrip’s marketing platform currently provides access to more than 500 airlines and 650,000 hotels worldwide. We are the first Indonesian-based online travel agent (OTA) in Indonesia to receive International Air Transport Association (IATA) accreditation. IATA gives OTA’s access to all airline fares and inventories.
NusaTrip completed an initial public offering in August 2025.
For more information, please visit:
Website at: https://www.nusatrip.com
Investor relations at: https://www.nusatripir.com
LinkedIn at: https://www.linkedin.com/company/nusatrip
Facebook at: https://www.facebook.com/NusaTripCom
X at: https://x.com/nusatrip
Instagram at: https://www.instagram.com/nusatrip/
Cautionary Note Concerning Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Society Pass Incorporated’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including the trading price and volatility of Society Pass Incorporated’s common stock and risks relating to Society Pass Incorporated’s business, including the Company’s ability to develop the tourism market with the collaboration with QiYouJi.
Media Contact:
Raynauld LIANG
Chief Executive Officer