[Reiwa Travel Co., Ltd.] Overseas travel reservation app “NEWT” enters capital and business alliance with PKSHA Technology
*Reiwa Travel Co., Ltd.*
Press release: September 9, 2024
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Overseas travel reservation app “NEWT” enters capital and business alliance with PKSHA Technology
*Established “NEWT ML Lab” and started a joint project to promote the use of machine learning technologies such as generative AI*
Reiwa Travel Co., Ltd. whose mission is “Design new travel” (Head office: Shibuya-ku, Tokyo, President and CEO: Shinozuka
Takaya) works at PKSHA, which develops AI solutions using algorithms in the machine learning/deep learning field.
We are pleased to announce that we have entered into a capital and business alliance with Technology. We will also participate in the Series A funding we conducted today, and we will continue to collaborate in the development of cutting-edge technology, including the generation AI of the overseas travel app “NEWT”.
* ■Summary *
NEWT, an overseas travel reservation app provided by Reiwa Travel, uses software technology to solve problems in various processes such as travel plan consideration, reservations, and itinerary management, with the aim of making overseas travel as easy as possible. I have done so.
In order to accelerate the utilization of machine learning including generative AI, we have announced the
In addition to launching ML Lab, we have entered into a capital and business alliance with PKSHA Technology, a leading company in AI solutions.
As the first step, we will begin a joint project in the AI x travel field in October, and plan to develop new functions such as a travel search experience using generative AI, an AI travel concierge, and dynamic pricing.
At NEWT, we will continue to utilize machine learning in order to propose new forms of overseas travel that are not bound by
conventional concepts.
* ■About PKSHA Technology Group *
With the mission of “giving shape to the software of the future,” we develop AI solutions using algorithms in the machine learning/deep learning field developed in-house to create future relationships between companies and people.
We provide SaaS. In addition to providing solutions tailored to customer issues based on a wide range of technologies such as automatic responses using natural language processing technology, image/video recognition, and predictive models, we also provide AI that solves common issues.
By deploying SaaS, we support the social implementation of software from multiple angles and aim for a prosperous society where people and software evolve together.
Company name: PKSHA Technology Co., Ltd.
Address: Hongo Segawa Building 4F, 2-35-10 Hongo, Bunkyo-ku, Tokyo Representative: Representative Director Katsuya Uenoyama
URL: https://www.pkshatech.com/
* ■Reiwa Travel Company Profile *
Reiwa Travel is a digital travel agency that aims to provide new experiences and new social value when traveling overseas, with the mission of “Designing new travel.” Since April 2022, we have been offering the overseas travel reservation app “NEWT”. We will maximize the DX of reservations and management operations in the travel industry, and provide package tours that are “easy, economical, selective, and safe” like never before. We take on the challenge of creating social value through the experience of traveling overseas.
Name: Reiwa Travel Co., Ltd.
Address: 6th floor, Sakuragaoka Front II Building, 16-13
Sakuragaoka-cho, Shibuya-ku, Tokyo
Representative: Representative Director and President Takaya Shinozuka Founding date: April 5, 2021
Business content: Travel agency business
Registration license: Class 1 travel agency (Travel agency registered by the Commissioner of the Japan Tourism Agency: No. 2123)
Affiliated Associations: Regular member of JATA (Japan Travel Agents Association), authorized agent of IATA (International Air Transport Association)
Company website: https://newt.net/company
“NEWT” brand page: https://newt.net/brand
Official SNS
・LINE: https://lin.ee/ZKchfbF
・X: https://twitter.com/newt_travel
・Instagram: https://www.instagram.com/newt_guide/
・TikTok: https://www.tiktok.com/@newt_travel
・YouTube: http://www.youtube.com/@newt5093