Society Pass Incorporated (Nasdaq: SOPA) and NusaTrip Incorporated (Nasdaq: NUTR) Strengthened its Presence in the Tourism Market with Collaboration with Huizhi International Tourism Development Co Ltd

Rhea-AI Summary

Society Pass (Nasdaq: SOPA) and majority-owned NusaTrip (Nasdaq: NUTR) expanded their hotel distribution by partnering with Guangzhou-based Huizhi International Tourism Development Co Ltd (Convergent) on Feb 9, 2026. The collaboration gives NusaTrip downstream customers broader, competitively priced hotel inventory and enhanced China market access via API connectivity.

The agreement emphasizes real-time availability, scalable technology, and strengthened B2B distribution to travel agencies, online platforms, and corporate clients.

News Market Reaction

+1.28%

46 alerts

+1.28% News Effect

-25.5% Trough in 32 hr 57 min

+$122K Valuation Impact

$10M Market Cap

1.4x Rel. Volume

On the day this news was published, SOPA gained 1.28%, reflecting a mild positive market reaction. Argus tracked a trough of -25.5% from its starting point during tracking. Our momentum scanner triggered 46 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $122K to the company's valuation, bringing the market cap to $10M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Convergent founding year: 2015

1 metrics

Convergent founding year 2015 Year Convergent was founded

Market Reality Check

Price: $0.9100 Vol: Volume 749,175 is at 0.51...

low vol

$0.9100 Last Close

Volume Volume 749,175 is at 0.51x the 20-day average of 1,470,367, indicating muted trading interest pre-news. low

Technical Price at 1.56 is trading below the 200-day MA of 1.65, reflecting a weak longer-term trend.

Peers on Argus

While SOPA was down 12.85%, momentum peers like IDAI and QH were up 17.67% and 7...

2 Up

While SOPA was down 12.85%, momentum peers like IDAI and QH were up 17.67% and 7.19%, respectively, pointing to stock-specific pressure rather than a sector-wide decline.

Previous Partnership Reports

3 past events · Latest: Feb 02 (Positive)

Same Type Pattern 3 events

Date	Event	Sentiment	Move	Catalyst
Feb 02	Travel eSIM partnership	Positive	-5.1%	Exclusive eSIM technology partnership to power NusaTrip’s white-label travel connectivity.
Jan 30	Flight distribution deal	Positive	-5.7%	Strategic partnership with Gother to enhance NusaTrip flight distribution in Thailand.
Jan 12	Hotel distribution expansion	Positive	+3.7%	Bookcabin partnership to integrate NusaTrip inventory and expand Indonesian hotel reach.

Pattern Detected

Partnership announcements have typically been followed by modest downside, with an average move of -2.38% and two of three recent deals seeing next-day declines.

Recent Company History

Over recent months, SOPA has repeatedly highlighted NusaTrip-focused partnerships to expand travel inventory and distribution. On Jan 12, a Bookcabin deal in Indonesia saw a 3.69% rise, but later partnerships with Gother (Jan 30) and Gorilla eSIM (Feb 2) led to -5.70% and -5.12% moves. Today’s Convergent collaboration continues this distribution-focused strategy into China, fitting an ongoing push to broaden NusaTrip’s regional and product footprint.

Historical Comparison

partnership

-2.4 %

Average Historical Move

Historical Analysis

In the past months, SOPA released 3 partnership updates averaging a -2.38% move. Today’s -12.85% reaction to another NusaTrip distribution deal is significantly more negative than prior partnership responses.

Typical Pattern

Recent partnership news shows NusaTrip expanding distribution from Indonesia (Bookcabin), to Thailand (Gother), to eSIM connectivity (Gorilla), and now into China hotel supply via Convergent, building a broader regional travel ecosystem.

Market Pulse Summary

This announcement highlights NusaTrip’s continued expansion of hotel distribution via a collaboratio...

Analysis

This announcement highlights NusaTrip’s continued expansion of hotel distribution via a collaboration with Convergent, a China-focused B2B travel platform founded in 2015. It extends earlier partnerships aimed at broadening inventory and connectivity across Southeast Asia and beyond. In evaluating this news, investors may track how added China exposure affects booking volumes, as well as monitor ongoing regulatory filings, capital-raising plans, and execution across SOPA’s broader digital ecosystem.

Key Terms

b2b, api connectivity

2 terms

b2b financial

"Convergent specializes in B2B travel distribution, serving travel agencies..."

Business-to-business (B2B) describes companies that sell products or services to other businesses rather than to individual consumers. For investors, B2B models often mean larger, repeatable contracts and revenue tied to corporate budgets, which can produce steadier, more predictable cash flow; think of a parts supplier selling regular batches to a factory rather than a shop selling single items to walk-in customers, so customer concentration and contract length matter.

api connectivity technical

"Through seamless API connectivity and scalable technology, NusaTrip ensures..."

API connectivity is the technical link that lets different software systems exchange data and instructions automatically, like a digital pipe between apps or databases. For investors, reliable API connectivity matters because it affects how fast and accurately a company delivers services, scales operations and meets reporting or compliance requirements—strong connectivity can boost revenue and cut costs, while weak links can cause outages, errors and extra expense.

AI-generated analysis. Not financial advice.

JAKARTA, Indonesia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (the “Company”), 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 Guangzhou, China-based Huizhi International Tourism Development Co., Ltd (“Convergent”).

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. Convergent 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, Convergent 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 Convergent 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 Convergent 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 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 a holding company operating in the digital media, travel, and lifestyle industries. Society Pass leverages technology to tailor a more personalized experience for customers in the purchase journey and to transform the entire retail value chain in SEA.

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 Inc.
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 Convergent.

Media Contact:
Raynauld LIANG
Chief Executive Officer

ray@thesocietypass.com

FAQ

What did SOPA and NusaTrip announce on February 9, 2026 about hotel distribution?

They announced a collaboration with Guangzhou-based Convergent to expand hotel distribution globally. According to the company, the deal enables downstream customers to access broader, competitively priced hotel inventory and improved API-driven real-time availability and content delivery.

How does the Convergent partnership affect NusaTrip's presence in China and APAC?

The partnership strengthens NusaTrip's China and APAC presence through expanded B2B distribution channels. According to the company, Convergent's direct contracting and marketing channels improve access for travel agencies, online platforms, and corporate clients across China and Hong Kong.

What operational benefits does NusaTrip expect from the Convergent collaboration for 2026?

NusaTrip expects improved hotel supply, pricing competitiveness, and scalable API connectivity in 2026. According to the company, these operational gains aim to enhance content delivery, real-time availability, and flexible distribution options for partners and end customers.

Will the SOPA majority shareholder comment on the business impact for 2026?

Yes, SOPA's CEO indicated the expansion is expected to contribute positively to NusaTrip's 2026 operations. According to the company, expanding the hotel portfolio with Convergent is intended to support business and operational growth next year.

How will travel agencies and tour operators benefit from NusaTrip's deal with Convergent?

They will gain access to a wider range of competitively priced hotel inventory and better availability. According to the company, Convergent's B2B platform and NusaTrip's API connectivity enable more choice, real-time availability, and potentially improved value for customers.