Society Pass Incorporated, NusaTrip Incorporated and Tourmind Corp Limited Announce Collaboration to Develop Technology Solutions for Travel Wholesalers and the B2B Market
Rhea-AI Summary
Society Pass (Nasdaq: SOPA) and its majority-owned travel subsidiary NusaTrip (Nasdaq: NUTR) announced a strategic collaboration with Tourmind on Feb 11, 2026 to co-develop technology solutions for travel wholesalers and the B2B travel market. The partnership will combine NusaTrip inventory and network with Tourmind technology to build distribution infrastructure, introduce AI into distribution workflows, and pilot solutions with select partners before a broader rollout.
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News Market Reaction
On the day this news was published, SOPA declined 19.47%, reflecting a significant negative market reaction. Argus tracked a peak move of +7.1% during that session. Argus tracked a trough of -56.2% from its starting point during tracking. Our momentum scanner triggered 29 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $7M at that time. Trading volume was elevated at 2.1x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SOPA fell 28.48% while a momentum peer like MASK showed an up move and other listed peers had positive gains, indicating today’s weakness is more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 09 | Travel partnership | Positive | +1.3% | Expanded hotel distribution via Huizhi to deepen China market access. |
| Feb 09 | AI investment | Positive | +1.3% | Equity investments in Sapience AI and Gorilla plus new financing. |
| Feb 02 | eSIM partnership | Positive | -5.1% | Exclusive eSIM technology deal for NusaTrip’s travel ecosystem. |
| Jan 30 | Flight partnership | Positive | -5.7% | Strategic partnership with Gother to expand flight distribution in Thailand. |
| Jan 29 | eSIM market entry | Positive | +12.9% | US$1.8M minority investment in Gorilla to enter global eSIM market. |
Recent strategic deals and partnerships often led to mixed reactions, with both strong gains and notable selloffs following positive-sounding news.
Over the last few weeks, Society Pass has announced multiple strategic moves centered on NusaTrip and digital travel services. These include partnerships to enhance hotel and flight distribution across Southeast Asia and China, and an exclusive eSIM collaboration targeting the global travel connectivity market. The company also made minority and follow-on investments in Gorilla Networks and Sapience AI. Market reactions have varied: some partnership updates saw declines, while the eSIM investment produced a strong gain, framing today’s B2B travel tech collaboration within an already active strategic backdrop.
Market Pulse Summary
The stock dropped -19.5% in the session following this news. A negative reaction despite another strategic collaboration would fit prior instances where positive partnership news, such as the Thailand and earlier distribution deals, preceded drops of about 5%. Investors have also been absorbing ongoing equity registration activity and a going concern warning from recent filings. Together, these factors may have weighed more heavily than the incremental benefits of the new B2B travel technology initiative with NusaTrip and Tourmind.
Key Terms
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AI-generated analysis. Not financial advice.
NEW YORK, Feb. 11, 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 announce a strategic collaboration with Tourmind Corp Limited (“Tourmind”), a travel technology company, to jointly develop technology solutions for travel wholesalers and the global B2B travel sector.
NusaTrip and Tourmind have agreed to collaborate on developing technology solutions aimed at enhancing travel distribution processes for travel wholesalers, agencies, and B2B platforms. Leveraging NusaTrip’s travel inventory and network alongside Tourmind’s technology expertise, the partnership will focus on introducing improved infrastructure and tools to support greater efficiency in wholesale and business-to-business travel operations. The companies plan to introduce these solutions to select partners initially, with a broader rollout expected in later phases.
Anson Neo, CEO of NusaTrip, commented: “This collaboration underscores our interest in advancing technology in the travel wholesale and B2B segment. Integrating AI into distribution processes will help travel partners access tools to support their growth and improve operations.”
Raynauld Liang, Chief Executive Officer of NusaTrip’s majority shareholder, Society Pass Incorporated, explains, “Our collaboration with Tourmind supports our goal of leveraging advanced technology to address challenges in travel distribution. By working together, we aim to develop systems that provide meaningful value to travel wholesalers and B2B partners.”
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 is an integrated travel technology platform with geographical specialization in SEA and APAC. NusaTrip currently has more than 500 airlines and 650,000 hotels worldwide on its marketing platform. 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.
We have demonstrated an ability to execute accretive and synergistic acquisitions as well as integrate and fundamentally improve our acquired businesses. We will continue to focus on the acquisition of other synergistic companies, and we are currently looking to acquire travel agencies operating throughout SEA and APAC. We aim to bring travellers from the rest of the world to SEA and APAC (inbound travel) and bring travellers from SEA and APAC to the rest world (outbound travel).
NusaTrip completed an initial public offering and began trading on the Nasdaq under the ticker NUTR 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 collaborate with Tourmind.
Media Contact:
Raynauld LIANG
Chief Executive Officer
FAQ
What did Society Pass (SOPA) announce with NusaTrip and Tourmind on February 11, 2026?
How will the SOPA/NusaTrip and Tourmind partnership use AI in travel distribution?
Which markets will NusaTrip and Tourmind target with their new B2B travel solutions?
What roles do NusaTrip and Tourmind play in the SOPA collaboration?
When will the SOPA collaboration solutions be available to partners and customers?
