Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 12

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 12
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SEA and APAC to travelers both regionally and globally through our NusaTrip and VLeisure websites, NusaTrip mobile application and NusaTrip
social media channels, including Instagram, Facebook, TikTok, LinkedIn, Twitter and YouTube. As of September 30December 31, 2024, we employ more than 65 staff members, all of which are based in our offices in Jakarta, Vietnam and Singapore. Previously,
we employed more than 100 staff members, however, we decreased our staff members due to the successful completion of the supplier API
integration and system feature upgrades. As a result, this has led to a reduction in the number of employees, particularly in the technology
department at the Jakarta office.

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Since we began operations more than a decade ago as
one of the first OTAs in SEA, NusaTrip has revolutionized travel in SEA and APAC by allowing our corporate and retail customers to manage
their own travel plans. NusaTrip offers world-class quality products, services and experiences for customers, clients, affiliates and
business partners. Our marketing and technology platform empowers the 680 million people of SEA to more efficiently research, plan,
book and experience travel for themselves and serves an extensive portfolio of airline, hotel and other travel brands. NusaTrip has onboarded
over 1.3 million registered users, over 500 airlines and over 650,000 hotels around the world as well as connected with over 80 million
unique visitors. In addition, our NusaTrip mobile application has been downloaded more than 1 million times. Previously, airlines
and hotels in SEA had to engage with multiple players and potential partners in each market. However, now they can rely on NusaTrip as
their single partner, offering a comprehensive solution for market entry across SEA’s diverse markets. We seamlessly integrate both
offline and online sales channels such as through website, customer support, and corporate operations, to ensure consistent distribution
and maintain complete control over the customer experience. For end consumers, our online travel agency platform significantly enhances
the customer experience for a user-friendly platform with competitive prices. We prioritize consumer protection, ensuring bookings are
made securely, and seamlessly served until the activity and post-activity date. Our airline and hotel partners suppliers distribute and
market products via our desktop and mobile offerings, as well as through alternative distribution channels, our business partnerships
and our call centers in order to reach our extensive regional audience.

The Opportunity

The travel market in SEA offers a