Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 98

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 98
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 maintain, protect and enforce our intellectual property, there can be no assurance that the measures taken will be effective or that our intellectual property will provide any competitive advantage. Our intellectual property rights may be invalidated, circumvented or challenged. Furthermore, the laws of certain countries do not protect intellectual property and proprietary rights to the same extent as the laws of the United States and, as a result, we may be unable to protect our intellectual property and other proprietary rights in certain jurisdictions.

In addition, while we have confidence in the measures we take to protect and preserve our trade secrets, we cannot guarantee these measures will not be circumvented, or that all applicable parties have executed confidentiality or invention assignment agreements. In addition, such agreements can be breached, and may not have adequate remedies should any such breach occur. Accordingly, our trade secrets may otherwise become known or be independently discovered by competitors. Any of the foregoing could prevent us from competing effectively and could have an adverse effect on our business, operating results, and financial condition.

Competition

The travel industry in SEA and APAC is competitive. Travel suppliers, travel distributors and wholesalers, OTAs, travel agencies and corporate travel service providers all compete for a share of the overall travel market, and we compete for our own share across multiple market segments. In the competitive market of online travel agencies and travel tech, we encounter formidable rivals in the form of travel marketplaces, independent players operating travel platforms and websites, and even airline or hotel themselves. Notable competitors include Traveloka, Tiket, Pegipegi, and Via. However, our business model, which revolves around controlling the supply through the acquisition of strategic suppliers, places greater emphasis on selling an attractive set of prices, with various unique routes. We firmly believe that we achieve effective competitiveness in our core categories by leveraging our source of suppliers, reliable operations, and robust distribution channels.

The landscape for the B2B distribution platform exhibits lower levels of competition. Our primary rivals in the region encompass other B2B platforms vying for the opportunity to distribute airline and hotel prices within our chosen regions. As our business expands and we acquire more travel agencies while securing more airline partnerships, we attain a larger market share and establish better defenses against competing distributors, resellers, and the B2B2C (business-to-business-to-consumer) market. Furthermore, we are confident that the increasing scale of our operations and our dedicated focus on optimizing supply sources and distribution channels enable us to effectively compete for the market share to distribute highly sought-after routes and destinations.

The B2