Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
SportsHero Limited ( (AU:SHO) ) has shared an update.
SportsHero Limited has made significant strides in the commercialization of its iGV.com Family Game Pass product, particularly in Southeast Asia. The company signed a two-year agreement with XL Axiata to market the product in Indonesia, targeting the country’s 8.3 million PC gamers. Additionally, an updated agreement with Indosat Ooredo Hutchison allows for a full commercial launch, bypassing the proof of concept phase. The expansion into the Philippines further solidifies SportsHero’s presence in the region. The appointment of Crispin Tristram as Chief Commercial Officer and securing a $1.0 million borrowing facility are strategic moves to support the company’s growth and operational rollout.
More about SportsHero Limited
SportsHero Limited operates in the digital entertainment industry, focusing on providing gaming platforms and services. The company is involved in the commercialization of the iGV.com Family Game Pass, targeting markets in Southeast Asia, including Indonesia, Thailand, and the Philippines.
Average Trading Volume: 3,749,566
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.07M
See more data about SHO stock on TipRanks’ Stock Analysis page.