via NewMediaWire –
Thoughtful Media Group Inc ("Thoughtful
Media" or "TMG"), the Thailand-based social commerce-focused,
premium digital advertising network of
Society Pass
Incorporated ("SoPa") (
Nasdaq: SOPA), Southeast Asia's
(SEA) next generation, data-driven, loyalty, fintech and e-commerce
ecosystem, today announces that it will commence sponsoring local
live music events in SEA, resulting in creating unique marketing
opportunities for advertisers.
Expected to launch its first concert in 4Q 2023 in Jakarta,
Indonesia, TMG-sponsored concerts will focus on the local musicians
with a tag line of “Lemburan”, which translates as “over-time”,
aiming to create a distinctive space and time for music fans to
gather and to enjoy the nostalgia of their favourite musicians.
Streaming these concerts via TMG-affiliated social media channels,
advertisers have the opportunity to collaborate with TMG-connected
influencers in promoting these popular music events and reaching to
their desired audiences.
Ilhamka Nizam, TMG Indonesia Country Head, explains,
“Indonesians love music, and it comes as no surprise that TMG found
an innovative way to tap into that expanding market segment. Across
these live events, TMG aims to reach over 2.5 million over the
course of the next year which will create significant sponsorship
opportunities for advertisers and our 10,000-member influencer
community here in Indonesia. We are planning to host 1 concert each
month and is projected to earn $680K annually, and each year we are
planning to host 1 big festival that is outside the monthly
concerts we will be hosting. I am confident that over 2024, the
Group will expand these initiatives across the rest of the TMG
markets in Southeast Asia, significantly increasing the revenues
for the Group”.
About Thoughtful Media Group Inc.Founded in 2010,
Thoughtful Media Group is the leading digital advertising platform
in SEA. Through our network of more than 10,000 talented creators
across multiple industries in Thailand, Vietnam, Indonesia and
Philippines, we help brands maximise marketing budgets and achieve
business objectives through some of the most innovative marketing
campaigns in the region.
In July 2022, Society Pass (Nasdaq: SOPA), the next generation
acquisition-focused fintech and e-commerce ecosystem in SEA,
acquired TMG. Since then, TMG has fully evolved into a
digital-first and fully integrated advertising powerhouse,
servicing creators and advertisers in SEA.
For more information on TMG, please visit:
Website at www.thoughtfulmedia.com orLinkedIn at
https://www.linkedin.com/company/thoughtful-media-group-inc
orInstagram at https://www.instagram.com/thoughtfulmedia/
orFacebook at https://www.facebook.com/thoughtfulmediaasia
orTwitter at https://twitter.com/ThoughtfulMedia.
About Society Pass Inc.Founded in 2018 as a data-driven
loyalty, fintech and 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 Angeles, Bangkok, Ho Chi Minh City, Jakarta,
Manila, and Singapore, Society Pass Incorporated (Nasdaq:
SOPA) is an acquisition-focused holding company operating 6
interconnected verticals (loyalty, digital media, travel, telecoms,
lifestyle, and F&B), which seamlessly connects millions of
registered consumers and hundreds of thousands of registered
merchants/brands across multiple product and service categories
throughout SEA.
Society Pass completed an initial public offering and began
trading on the Nasdaq under the ticker SOPA in November 2021.
SoPa acquires fast growing e-commerce companies and expands its
user base across a robust product and service ecosystem. SoPa
integrates these complementary businesses through its signature
Society Pass fintech platform and circulation of its universal
loyalty points or Society Points, which has entered beta testing
and is expected to launch broadly at the beginning of 2023. Society
Pass loyalty program members earn and redeem Society Points and
receive personalised promotions based on SoPa’s data capabilities
and understanding of consumer shopping behaviour. SoPa has amassed
more than 3.6 million registered consumers and over 650,000
registered merchants and brands. It has invested 2+ years building
proprietary IT architecture to effectively scale and support its
consumers, merchants, and acquisitions.
Society Pass leverages technology to tailor a more personalised
experience for customers in the purchase journey and to transform
the entire retail value chain in SEA. SoPa operates Thoughtful
Media Group, a Thailand-based, a social commerce-focused, premium
digital video multi-platform network; NusaTrip, a leading
Indonesia-based Online Travel Agency; VLeisure, Vietnam’s leading
provider of hotel management and payment solutions; Gorilla Global,
a Singapore-based, mobile network operator; Leflair.com,
Vietnam’s leading lifestyle e-commerce platform; and NextGen
Retail, a Indonesia-based e-commerce platform.
For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com orLinkedIn at
https://www.linkedin.com/company/societypass orFacebook at
https://www.facebook.com/thesocietypass orTwitter at
https://twitter.com/society_pass orInstagram at
https://www.instagram.com/societypass/.
Cautionary Note Concerning Forward-Looking StatementsThis
press release may include “forward-looking statements,” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact included in
this press release are forward-looking statements. When used in
this press release, words such as “anticipate”, “believe”,
“estimate”, “expect”, “intend” and similar expressions, as they
relate to us or our management team, identify forward-looking
statements. Such forward-looking statements are based on the
beliefs of management, as well as assumptions made by, and
information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the SEC. All subsequent
written or oral forward-looking statements attributable to us or
persons acting on our behalf are qualified in their entirety by
this paragraph. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the
Company’s registration statement and prospectus relating to the
Company’s initial public offering filed with the SEC. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Media Contacts:Rokas SidlauskasChief Marketing
Officerrokas@thesocietypass.com
Society Pass (NASDAQ:SOPA)
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Society Pass (NASDAQ:SOPA)
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