New Momentum's Comment on Sales, Marketing and Customers
Gagfare provides travelers with access to multiple global distribution systems and enables direct booking through airlines' reservation systems. The platform offers web and mobile interfaces for searching and booking flights, including multi-stop itineraries. Customers pay a $2.00 non-refundable booking fee under a book-now-pay-later model. Gagfare generates revenue from booking fees, ticket issuance margins, and advertising for travel-related businesses. The company plans to expand into additional travel and entertainment markets, including travel packages, cruises, trains, buses, hotels, theme parks, and sports and event tickets.
New Momentum’s Comment on Sales, Marketing and Customers
Gagfare provides travelers with access to multiple global distribution systems and enables direct booking through airlines' reservation systems. The platform offers web and mobile interfaces for searching and booking flights, including multi-stop itineraries. Customers pay a $2.00 non-refundable booking fee under a book-now-pay-later model. Gagfare generates revenue from booking fees, ticket issuance margins, and advertising for travel-related businesses. The company plans to expand into additional travel and entertainment markets, including travel packages, cruises, trains, buses, hotels, theme parks, and sports and event tickets.
Sources:
New Momentum Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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