Nasdaq-listed loyalty platform Society Pass (SoPa), which recently acquired Thailand-headquartered Thoughtful Media Group (TMG), a digital video multi-platform network (MPN) and social commerce platform, is looking to spend US$15-20 million more on acquisitions in Thailand in the second half to bolster its business ecosystem.
The move is part of SoPa’s budget of $30 million it earmarked to acquire companies with potential in Asean in the second half. Some 12-15 firms are now on its radar.
“We see the opportunity of Southeast Asia, particularly Thailand, which is one of the four largest potential…
