Society Pass Inc, Thoughtful Media Group Inc. Enters Philippines Market And Launches Creator Economy Focused Advertising Platform
Portfolio Pulse from Happy Mohamed
Society Pass Incorporated (NASDAQ:SOPA) has officially launched its digital advertising platform, Thoughtful Media Group Inc (TMG), in the Philippines. TMG has expanded its ecosystem of multi-platform advertising services through a network of more than 10,000 creators across Southeast Asia. The Philippines market offers a significant value proposition to advertisers, merchants, and influencers in Southeast Asia's fourth largest economy. The Philippines creator economy is experiencing a dynamic surge, driven by a tech-savvy population and widespread internet access.
August 16, 2023 | 12:33 pm
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Society Pass's launch of Thoughtful Media Group in the Philippines could potentially boost its revenues and market presence in Southeast Asia. The move taps into the rapidly growing creator economy in the region.
The launch of Thoughtful Media Group in the Philippines is a strategic move by Society Pass to tap into the rapidly growing creator economy in the region. This could potentially increase the company's revenues and expand its market presence in Southeast Asia. Given the increasing internet penetration and the time spent by Filipinos on social media, the move is likely to have a positive impact on Society Pass's stock in the short term.
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