Society Pass Incorporated, NusaTrip Incorporated and Tourmind Corp Limited Announce Collaboration to Develop Technology Solutions for Travel Wholesalers and the B2B Market
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.
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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.
Details
News Market Reaction – SOPA
On Feb 11, the day this news came out, SOPA closed 19.47% below the previous close.
Data tracked by StockTitan Argus for the Feb 11 session.
Key Figures
- Sapience AI investment
- $8.8M
- Equity investment noted by Greenridge Global
- Gorilla stake reacquisition
- $1.9M
- Reacquisition stake in Gorilla referenced in research note
- Equity financing
- $3M
- Financing issuing 1.5M shares at $2.00
- S-1 share offering
- 4,385,964 shares
- Maximum common stock registered in S-1/S-1A
- Assumed offering price
- $2.28 per share
- Assumed price in S-1/S-1A registration
- Pre-funded warrants
- 4,385,964 warrants
- Pre-funded warrants registered alongside shares
- Expected net proceeds
- $9.1M
- Estimated net proceeds from S-1/S-1A offering
- Short interest
- 27.55%
- Short interest percentage from risk_context
Historical Context
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Expanded hotel distribution via Huizhi to deepen China market access.
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Equity investments in Sapience AI and Gorilla plus new financing.
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Exclusive eSIM technology deal for NusaTrip’s travel ecosystem.
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Strategic partnership with Gother to expand flight distribution in Thailand.
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US$1.8M minority investment in Gorilla to enter global eSIM market.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
ai technical
AI-generated analysis. How Rhea-AI works. 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
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