Society Pass Incorporated engages in the acquisition and operation of e-commerce platforms for consumers and merchants in Southeast Asia. The company's e-commerce interfaces include consumer facing segment comprising SoPa food & beverage App, SoPa.asia F&B Marketplace website, Leflair App, and Leflair Lifetyle Marketplace website; and merchant facing segment, such as #HOTTAB Biz App, #HOTTAB POS App, and Hottab.net admin website. Its loyalty-focused e-commerce marketing platform interfaces connect consumers with merchants in the F&B and lifestyle sectors. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is based in Carson City, Nevada.
IPO Year: 2021
Exchange: NASDAQ
Website: thesocietypass.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/11/2023 | $3.50 | Buy | Ascendiant Capital Markets |
| 2/24/2022 | $9.00 | Buy | Maxim Group |
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Ascendiant Capital Markets initiated coverage of Society Pass with a rating of Buy and set a new price target of $3.50
Maxim Group initiated coverage of Society Pass with a rating of Buy and set a new price target of $9.00
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NEW YORK, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Society Pass Incorporated (NASDAQ:SOPA) (the "Company"), Southeast Asia's (SEA) next generation e-commerce ecosystem, today announced the closing of its previously announced best efforts public offering of an aggregate of 1,500,000 shares of its common stock at a public offering price of $2.00 per share, for aggregate gross proceeds of $3 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The offering was priced at a premium to market under Nasdaq rules. Rodman & Renshaw LLC acted as the exclusive placement agent for the offering. The Company intends to use the net proceeds from the offering
NEW YORK, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Society Pass Incorporated (NASDAQ:SOPA) (the "Company"), Southeast Asia's (SEA) next generation e-commerce ecosystem, today announced the pricing of its best efforts public offering of an aggregate of 1,500,000 shares of its common stock (or common stock equivalents in lieu thereof) at a public offering price of $2.00 per share (or per common stock equivalent in lieu thereof), for aggregate gross proceeds of $3 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The offering is expected to close on December 31, 2025, subject to satisfaction of customary closing conditions. Rodman & Renshaw LLC
DENVER, Dec. 29, 2025 (GLOBE NEWSWIRE) -- U.S. equity markets head into the session with a familiar late-cycle mix: capital formation stories, platform expansion in high-growth regions, and strategic deal chatter tied to AI, infrastructure, and healthcare. From an OTC microcap grabbing national airtime to Nasdaq-listed companies securing enterprise AI mandates, today's narrative is about positioning for the next leg of secular growth. Xeriant (OTCQB:XERI): National Spotlight Meets Skunk Works Ambition Xeriant, Inc. (OTCQB:XERI) finds itself in rarefied air after Brig. Gen. (Ret.) Blaine D. Holt, recently appointed President and head of the company's Factor X Research Group, appeared on a
Target US$90 Billion Southeast Asian Live Commerce Market andLaunch Live Selling Platform for Regional Brands and Creators NEW YORK, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Society Pass Incorporated. (NASDAQ:SOPA) (the "Company"), Southeast Asia's ("SEA") next generation e-commerce ecosystem, and its subsidiary, Thoughtful Media Group Incorporated ("TMGX"), today announced the launch of TMG Social (TikTok: @TMGSocial), TMGX's live commerce digital retail advertising platform in Thailand, as part of efforts to capture significant market share of what Bain & Company projects is a $90 billion social commerce market, and redefine the live commerce experience in SEA. Having evolved from being
NEW YORK, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Society Pass Incorporated (NASDAQ:SOPA) ("SOPA" or the "Company"), Southeast Asia's (SEA) next generation e-commerce ecosystem, today highlights a recent equity research report on Society Pass Inc. from Greenridge Global LLC ("Greenridge") as published on December 22, 2025. Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report. Summary Points from Greenridge's Report:• NusaTrip Completes IPO & Forges Ahead with Growth Plans: NusaTrip Inc (NASDAQ:NUTR) completed its IPO on August 18, 2025, raising a total of $17,250,000. Over the last two years, NusaTrip veered from the B2C channel and refocused on B2B, p
NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Society Pass Incorporated (NASDAQ:SOPA) ("SOPA" or the "Company"), Southeast Asia's (SEA) next generation e-commerce ecosystem, today highlights Ascendiant Capital Markets LLC's ("Ascendiant") recent equity research report on Society Pass Inc. as published on December 17, 2025. Click Here (on Society Pass website) or Here (on Ascendiant Capital Markets website) to view the full Ascendiant Capital Markets Equity Research Report. Summary Points from Ascendiant's Report: Valuation very attractive: Ascendiant maintains BUY rating and raises our 12-month price target to $22.50 from $22.00, based on a
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- As part of its ongoing corporate transformation, Society Pass Incorporated (NASDAQ:SOPA) (the "Company"), Southeast Asia's (SEA) next generation e-commerce ecosystem, today announces the roll out of a comprehensive mergers and acquisition ("M&A") strategy to capture potential significant valuation arbitrage acquisition opportunities across privately-held companies located in SEA, Europe and North America. The Company will be partnered up with selected regional and global private equity firms to assist it with deal flow and execution to cement its market leadership in the AI data centre, travel, digital advertising, and telecommunications sectors.
NEW YORK, Dec. 11, 2025 (GLOBE NEWSWIRE) -- As part of its ongoing corporate transformation, Society Pass Inc. (NASDAQ:SOPA) (the "Company"), Southeast Asia's (SEA) next generation e-commerce ecosystem, today announces the evolution of its business model to re-position itself as an acquirer and operator of AI-driven software and network infrastructure companies located in SEA, Europe and North America. The Company looks to invest in and acquire equity stakes in data centre and telecoms operators over the next few months to cement its market leadership in developing its next generation e-commerce ecosystem in SEA. Raynauld Liang, CEO of the Company, comments, "The Company's success in list
NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Ascendiant Capital Markets LLC ("Ascendiant") issues equity research report on Society Pass Inc. (NASDAQ:SOPA) (the "Company"), Southeast Asia's (SEA) next generation e-commerce ecosystem. Click Here (on Society Pass website) or here (on Ascendiant Capital Markets website) to view the full Ascendiant Capital Markets Equity Research Report. Summary Points: Strong 2Q 2025 Revenue Growth: SOPA reported its 2Q 2025 revenues totaling $2.5 million, representing a 46% year-on-year growth, compared to previous estimates of $1.5 million.2Q 2025 Profitability: SOPA earnings per share was $0.10, compared to estimates of $(0.24).Adjusting estimates:
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Society Pass Incorporated (NASDAQ:SOPA) ("SoPa" or the "Company"), a Southeast Asia-based (SEA) investment holding company, today announces a Form 8-K filing with the Securities and Exchange Commission ("SEC"). Click Here (on SEC website) to view Form 8-K filing. The Company received a notice letter from Nasdaq Capital Market ("Nasdaq") on 02 September 2025 stating that the Company has demonstrated compliance with Rule 5550(b)(2) (the "Equity Rule"), which requires that the Company shall maintain at least $2,500,000 stockholders' equity. As a result, the Company is now therefore in compliance with the Nasdaq's continued listing requirements.
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This press release clarifies information in the press release from April 15, 2022. Society Pass Incorporated (SoPa) (Nasdaq: "SOPA"), a leading Southeast Asia loyalty and ecommerce ecosystem and parent company of Leflair Inc ("Leflair Group"), announced today the completion of corporate restructuring of Leflair's Vietnam operations into Leflair Group – a new integrated lifestyle retail ecosystem to compete in Southeast Asia's 100B+ USD retail market. SoPa introduced a new management team to facilitate this restructuring and announced the appointment of Loic Gautier – Co-founder and Former CEO of Leflair as the new Group CEO, and Ngo Thi Cham – Vietnam Country Head of SOPA as the Group
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NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) -- New to The Street celebrates its 400th episode with an impressive lineup of corporate executive interviews, airing on the Newsmax station Sunday, October 30, 2022, 10-11 AM ET. New to The Street's milestone episode #400 features the following nine corporate guest interviews: 1). Ecology Solutions- The Sustainable Green Team (OTC:SGTM) ($SGTM) and VRM BioLogik Group, a Corporate documentary. 2). Pet Health -PetVivo Holdings, Inc.'s (NASDAQ:PETV) (NASDAQ:PETVW) ($PETV) interview with John Lai, CEO & President. 3). Mining- Tocvan Ventures Corp.'s (OTC:TCVNF) (CSE:TOC) (FSE: TV3) ($TCVNF) in
Jakarta, Indonesia, Aug. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Society Pass Inc(NASDAQ:SOPA), Southeast Asia's ("SEA") next generation digital ecosystem, announces the acquisition of NusaTrip("NusaTrip"), a leading Jakarta-based Online Travel Agency ("OTA") in Indonesia and across SEA. The NusaTrip acquisition extends SoPa's business reach into the booming SEA regional travel industryand marks SoPa's first foray into Indonesia as well as adds to SoPa's growing ecosystem of technology-enabled companies located in Vietnam, Indonesia, Philippines, Singapore and Thailand. Established in 2013 as the first Indonesian OTA accredited by the International Air Transport Association, Nu
New York, NY, Aug. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Spartan Capital Securities LLC ("Spartan Capital") issues Equity Research Report on Society Pass Inc.(NASDAQ:SOPA) ("SoPa"). Click Here (on Society Pass website) to view the full Spartan Capital Equity Research Report. Summary Points:• Q2 revenue was $500k, versus less than $10k in the year-ago period as revenue from the flurry of acquisitions the company is engaged in starts to flow in. With several more acquisitions that have closed or are scheduled to close in Q3, so just with acquisitions, Spartan Capital sees revenue increasing significantly. • A year ago, SoPa's only operating business unit was #HOTTAB, and
Summary Points: • Second quarter 2022 unaudited revenues grew 5,669% year on year (from $7,783 for second quarter ended 30 June 2021 to $445,090 for second quarter ended 30 June 2022). • 1st half 2022 unaudited revenues grew 5,360% year on year (from $17,289 for 1st half ended 30 June 2021 to $944,152 for 1st half ended 30 June 2022). • With cash on hand of $28.0 million on 30 June 2022, SoPa is well capitalised for roll out of Society Pass loyalty platform and continuing acquisitions of Southeast Asia ("SEA") companies in lifestyle, food & beverage, digital media, and travel verticals for the rest of 2022. • Since inception, SoPa has onboarded 2.1 million registered consumers and over 6
SoPa acquires Mangan.ph ("Mangan"), the leading local restaurant delivery service in PhilippinesMangan.ph represents SoPa's second acquisition in Philippines and its third overall F&B acquisition as SoPa continues to expand its digital ecosystem throughout Southeast Asia ("SEA")SoPa creates a one-stop food delivery solution in Philippines with both its grocery delivery service, Pushkart, and restaurant delivery service, ManganSince its launch in December 2017, Mangan has onboarded over 500,000 registered consumers, over 80,000 social media followers, and over 1,200 registered restaurants as well as generating over 100,000 mobile app downloads onto its platform. Leveraging its +200 rider/
SoPa acquires first company in Thailand and continues network expansion of its digital ecosystem throughout Southeast Asia ("SEA") Thoughtful Media's social commerce-focused Multi-Platform Network ("MPN") in Thailand, Vietnam, Philippines and the US amplifies SoPa's loyalty offering Thoughtful Media recorded revenues of US$5.8 million in 2021, forecasts significant revenue growth in 2022 and beyond Thoughtful Media's data-rich MPN has uploaded over 675,000 videos with over 80 billion video views since 2010, and the current network of 263 YouTube Channels has onboarded over 85 million subscribers SoPa sees significant cross-marketing and revenue generation synergies between Thoughtful Me
Society Pass (SoPa) makes its first Singapore acquisition, Gorilla Networks, a leading next generation Blockchain/Web3 mobile virtual network operator ("MVNO"). Gorilla Networks is the first blockchain/Web3-enabled MVNO to offer contract-free, on-demand mobile service as non-fungible tokens ("NFTs"). Users convert unused mobile data into digital assets- Gorilla GO tokens With mobile data network coverage in over 160 countries, Gorilla Networks expects to dramatically increase its user base and expand throughout Southeast Asia with the rebound of the travel market in 2Q/3Q 2022 SoPa will incorporate Gorilla Networks' proprietary blockchain/Web3 technology onto the rest of SoPa ecosystem
NEW YORK, NY, May 23, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Argus Research Co ("Argus") issues Equity Research Update on Society Pass Inc. (NASDAQ:SOPA). Click Here to view full Argus Research Equity Research Update. Summary: The company's recent market cap near $40 million is less than one-time Argus' 2022 year-end revenue run-rate forecast of $50 million, well below the average multiple of more than six for a basket of comparable e-commerce peers. In May 2022, Society Pass reported first-quarter 2022 revenues of $445,090, representing more than 4,600% growth over the prior-year period. As of March 31, 2022, Society Pass held nearly $31 million in cash on its balance sheet, with
New York, , May 19, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Maxim Group LLC ("Maxim") issues Equity Research Report on Society Pass Inc. (NASDAQ:SOPA). Click Here to view full Maxim Group LLC Equity Research Report. Summary: · 1Q22 results reported on May 17, 2022 with the company in the early stages of launching online services and adding new acquisitions.· Leflair, an online seller of luxury goods, was relaunched in September 2021 in Vietnam and was the main revenue contributor. Two acquisitions in grocery and delivery were announced in February 2022 as management looks to expand organic growth with M&A.· A loyalty rewards program will be launching this summer and has the po